US President Donald Trump says the US is temporarily suspending a naval operation that began a few days ago to escort merchant ships through the Strait of Hormuz. The decision is said to be aimed at reaching a peace deal with Iran. Analysts say the uncertainty over renewed hostilities and Iran's battered economy are increasingly forcing Tehran to consider its negotiating position. But whether the economic jolt that could prompt a retreat from it…
US President Donald Trump says the US is temporarily suspending a naval operation that began a few days ago to escort merchant ships through the Strait of Hormuz. The decision is said to be aimed at reaching a peace deal with Iran. Analysts say the uncertainty over renewed hostilities and Iran's battered economy are increasingly forcing Tehran to consider its negotiating position. But whether the economic jolt that could prompt a retreat from it…