Some headlines from the White House press briefing:

• Iran can no longer distribute weapons to its proxies
• Iran asked for an agreed to a ceasefire
• Iran has agreed to open Hormuz
• Iran’s original plan was discarded
• Iran then put forward a more-reasonable plan
• Trump’s red lines have not changed
• We’ve seen an uptick in Strait traffic
• Trump expects it to be open

It’s hard to know what’s true and what’s spin in any of this.

• US and Iran to hold first round of talks Saturday in Pakistan
• There were also talks between top-level of US and China
• Trump is dispatching team led by Vance to Pakistan

This article was written by Adam Button at investinglive.com.



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