After Backing Down on Threats, Trump Suggests 'Joint Venture' with Iran in Strait of Hormuz

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military and government sites, officials said.

Then, Trump set a Tuesday evening deadline for Iran to fully reopen the Strait of Hormuz or face broad strikes on its critical infrastructure.

Hours before the deadline expired, Trump said he had agreed to suspend planned bombing for two weeks if Iran agreed to reopen the Strait of Hormuz.

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