Drudge Retort: The Other Side of the News
Saturday, May 23, 2026

U.S. President Donald Trump wrote on Saturday that a memorandum of understanding on a peace deal with Iran is "largely negotiated," as both countries and mediators in Pakistan reported progress. Trump posted on social media that the emerging agreement would reopen the Strait of Hormuz, the vital shipping passage whose closure upended global energy markets after the conflict started in February when the U.S. and Israel launched strikes on Iran.

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More from the article ...

... Trump did not say what else would be included in an agreement. "Final aspects and details of the Deal are currently being discussed, and will be announced shortly," Trump said.

Iran's Fars news agency reported early on Sunday that the agreement would allow Iran to manage the Strait of Hormuz. It said Trump's assertion that an agreement was nearly final was "inconsistent with reality."
...


#1 | Posted by LampLighter at 2026-05-23 07:40 PM | Reply

... reopen the Strait of Hormuz ...

So ... go back to the way the Strait had been before Pres Trump's unprovoked war with Iran?

#2 | Posted by LampLighter at 2026-05-23 07:42 PM | Reply

Then there's this ...

Iran, Oman discuss Strait of Hormuz toll system: Report
thehill.com

... Iran and Oman have discussed setting up a toll system to charge vessels transiting through the Strait of Hormuz, despite President Trump's condemnation of charging fees to pass through the waterway.

"Iran and Oman must mobilize all their resources both to provide security services and to manage navigation in the most appropriate manner," Iranian Ambassador to France Mohammad Amin-Nejad on Wednesday told Bloomberg News, which first reported the talks. ...



#3 | Posted by LampLighter at 2026-05-23 09:05 PM | Reply

@#3

So, Pres Trump's unprovoked war with Iran may result in the charging of tolls for passage through the Strait of Hormuz?

I'd like to be a fly on the wall of the negotiations taking place...

#4 | Posted by LampLighter at 2026-05-23 09:07 PM | Reply

may result in the charging of tolls for passage through the Strait of Hormuz

Not a big obstacle. Lewzer told Panama to stop charging fees to transit the canal, and that was that.

#5 | Posted by REDIAL at 2026-05-23 10:06 PM | Reply

@#5

Yeah, but ...

Pres Trump has also said that the US controls the Strait of Homuz.

www.cnbc.com

... Trump said his administration had "total control" of the waterway. ...

If that is the case, the why has shipping through the Strait been all but stopped of late?


Is Pres Trump lying? Again?


#6 | Posted by LampLighter at 2026-05-23 10:14 PM | Reply

why has shipping through the Strait been all but stopped of late?

Maritime insurance underwriters.

#7 | Posted by REDIAL at 2026-05-23 11:03 PM | Reply

@#7

Yeah, I understand that aspect. The insurers are currently concerned (understatement) about the risk of ships traversing the Strait.

But if, as Pres Trump states, the US is in full control of the Strait, why would the insurance companies have such an issue?

Could [gasp] Pres Trump be lying [again]?


#8 | Posted by LampLighter at 2026-05-23 11:48 PM | Reply

Pudding is chocolate.

#9 | Posted by LegallyYourDead at 2026-05-24 12:44 AM | Reply

US is in full control of the Strait, why would the insurance companies have such an issue?

They don't believe it. Neither does anyone else.

#10 | Posted by REDIAL at 2026-05-24 12:54 PM | Reply

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