Trump Expects Iran Negotiations to Begin Soon, Cites 'Last Chance' for Deal

Why it matters locally: While the primary impact of these negotiations is national and international, fluctuating global oil prices resulting from tensions in the Strait of Hormuz could indirectly affect energy costs for West Virginia consumers and industries.

WASHINGTON D.C. — President Donald Trump announced Monday from the Oval Office he anticipates negotiations with Iran will begin within the next day or two. The President characterized these upcoming discussions as a "last chance" for Iran to reach an agreement. Trump described the expected talks as a pathway for Iran to address the United States' concerns regarding its nuclear program. He also indicated the negotiations would focus on reopening the Strait of Hormuz, a critical shipping lane.