US Sees Possibility of Diplomacy With Iran as War Costs Rise (1)

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 the US 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 ...