Trump Gives Iran More Time to Reopen the Strait of Hormuz

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Trump Gives Iran More Time to Reopen the Strait of Hormuz

Also, transgender athletes were barred from women’s Olympic events. Here’s the latest at the end of Thursday.

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President Trump in the Cabinet Room of the White House today.

Credit...

Doug Mills/The New York Times

By

Matthew Cullen

March 26, 2026,

5:40 p.m. ET

President Trump said this morning that he was giving Iran two choices: They could abandon their nuclear ambitions and negotiate an end to the war, or they could do nothing and the U.S. would “keep blowing them away — unimpeded, unstopped.”

Hours later, the president said that peace talks were “going very well,” and announced that he was

once again postponing the deadline

for Iran to fully open the Strait of Hormuz to shipping or face devastating strikes on its power plants. The 10-day delay offered a modicum of after-hours relief for the stock market, which

suffered its largest daily decline

since the start of the war.

At a cabinet meeting today,

Trump’s go-to negotiator

, Steve Witkoff, said that the U.S. had received “strong signs” from Iran that peace was possible after sending a 15-point plan to Tehran through

Pakistani mediators

.

Earlier in the day, Israel said it had

killed Iran’s naval commander

, who had been leading the blockade of the strait. He is the latest in a series of top Iranian officials whom Israel has assassinated. But Iran continues to exhibit some military resilience, launching several missiles and drones today toward Israel and Gulf countries. Two people were killed in Abu Dhabi.

For more:

European officials worry that Russia is preparing to

deliver advanced drones to Iran

.

The world’s largest crypto exchange

missed a trail of clues

that connected more than a billion dollars to Iran.

During the cabinet meeting, Trump paused talk about Iran to

wax about the virtues of his preferred pen

.

The American debut of Paul Klee’s “Angelus Novus” drawing

was delayed by the war

.

Image

Kirsty Coventry at the Winter Olympics in February.

Credit...

Vincent Alban/The New York Times

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