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The deal would address President Trump's most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war.
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Senators John Cornyn and Thom Tillis expressed support after Todd Blanche, the acting attorney general, issued a memo abandoning part of a deal the Justice Department had struck with President Trump.
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;Resize=(620)) Iran said on Monday there are no talks underway with the United States and no plans for any meetings, contradicting U.S. President Donald Trump, who had cited talks he said would take place that afternoon as justification for calling off attacks.
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President Donald Trump told reporters the U.S. continues to hold talks with Iran to reach a new peace deal focused on reopening the Strait of Hormuz and Tehran's nuclear program.
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The markets' moves were the first since President Trump said he had halted a planned U.S. assault on Iran.
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The rebellion against Todd Blanche's nomination to be attorney general, now seemingly contained, at no point fundamentally questioned President Trump's new protections from the I.R.S.
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