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Trump suggests joint venture with Iran to protect Strait of Hormuz

April 08, 2026, 11:48 AM
U.S. President Donald Trump said he could pursue a joint venture with Iran to ensure the safety of the Strait of Hormuz following a two-week truce. In an interview with ABC News on April 8, Trump was asked whether he would allow Iran to charge tolls on ships passing through the strategic waterway. He responded that he is considering a joint venture, describing it as a way to protect the strait while preventing many other countries from getting involved. Trump reiterated that Iran would not be permitted to have uranium enrichment capabilities, a stance that contrasts with Iran's repeated assertions that it will not abandon its right to enrich uranium. He also indicated that U.S. troops would not withdraw from the Middle East, suggesting they would remain in the region to enforce any future agreement. Trump predicted that peace negotiations would begin on April 10 and progress quickly.

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