US Pressures Iran in Doha to Choose Nuclear Deal Over Strait Tolls

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- U.S. and Iranian negotiators convened in Doha for talks focused primarily on the Strait of Hormuz
- The Trump administration is making the case that Iran stands to gain far more from a nuclear deal than from revenue generated by tolls in the strait
- The parties set themselves a 60-day timeline for the negotiations
- Iran has been considering tolls on the Strait of Hormuz, a critical chokepoint, as an alternative revenue stream to a diplomatic settlement
Why it matters: The Trump administration is wagering it can persuade Iran that the economic value of a nuclear deal outweighs whatever revenue Tehran could extract from tolling the Strait of Hormuz. With a 60-day clock now established, the Doha talks will determine whether Iran monetizes the critical waterway through transit fees or through a broader diplomatic agreement.
