JUST IN: Trump Provides Update On Iran Negotiations, Describes Second ‘Gift’

During a press gaggle aboard Air Force One Sunday night, President Donald Trump stated that Iran would allow 20 additional oil tankers to transit the Strait of Hormuz, describing the move as a “tribute” to the United States. The announcement comes amid ongoing ceasefire negotiations with the Iranian regime, which could be met with further escalation if a deal is not reached. Trump explained that the move builds upon an initial “gift” of 10 tankers as part of negotiations earlier this week. Iran has largely closed the Strait of Hormuz, a narrow shipping lane at the base of the Persian Gulf that accounted for roughly one-third of global oil exports prior to the conflict’s beginning on February 28. Since then, traffic in the strait has declined by upwards of 90 percent, a development that has