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President Donald Trump threatened to strike Oman if it interferes in a potential deal over control of the Strait of Hormuz. Trump also told the military to cut back joint exercises with South Korea after it stayed out of the Iran war. NBC News' Yamiche Alcindor reports.
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President Trump took aim at Oman, a U.S. ally that has been mediating the talks, as efforts to end a war he started have faltered.
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The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.
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Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.
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Trump cites his "very good relationship" with North Korea's leader in deciding to downsize the exercises.
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Vance's comments about prioritizing gas prices diverge from the president's stated mission of eliminating Iran's nuclear and ballistic missile programs.
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Ayatollah Mojtaba Khamenei's appointment of hard-line loyalists to top jobs suggests he is prepared to keep the country on a war footing and to quash domestic dissent.
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Playbook is likely to be adopted by other countries, shaping markets
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"The Strait of Hormuz cannot be seized by a tweet or an aircraft carrier, by issuing an order or by delivering an election speech," said Iran's Deputy Foreign Minister Kazem Gharibabadi.
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