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US sees 'possibility of diplomacy' with Iran as war costs rise

By Jennifer A. Dlouhy, Courtney Subramanian and Jen Judson / Bloomberg
By Jennifer A. Dlouhy, Courtney Subramanian and Jen Judson / Bloomberg • 8 min read
US sees 'possibility of diplomacy' with Iran as war costs rise
“We’re in negotiations right now,” Trump told reporters at the White House / Photo: Bloomberg
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President Donald Trump signaled that Iran had offered a “present” as a show of good faith in negotiations he has claimed are ongoing to end a 25-day conflict that’s upended global markets, even while he deploys more troops to the Middle East.

Trump wouldn’t detail the gift, “worth a tremendous amount of money,” but confirmed it was related to energy flows through the Strait of Hormuz. A Thai ship passed through the vital waterway earlier Tuesday, Iran’s Tasnim news agency reported.

“We’re in negotiations right now,” Trump told reporters at the White House, saying that special envoys Steve Witkoff and Jared Kushner as well as Secretary of State Marco Rubio and Vice President JD Vance were all involved. Still, Trump’s optimism contrasted with the Pentagon’s movement of more ground troops to the region.

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