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U.S. and Iran Agree in Principle to Reopen Strait of Hormuz, U.S. Official Says – The New York Times
U.S. and Iran Agree in Principle to Reopen Strait of Hormuz, U.S. Official Says – The New York Times
The United States and Iran have agreed in principle to a deal that would wind down the war in the Middle East by reopening the Strait of Hormuz and by committing Iran to dispose of its highly enriched uranium, a senior U.S. official told reporters on Sunday.
Iran’s leaders or official state media have not publicly commented on what is in any potential agreement or what is being discussed. The U.S. official said a deal had not yet been signed and was still subject to final approval from President Trump and Iran’s supreme leader, which could take days.
The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags – The New York Times
The Iran war has wreaked havoc on global supply chains, caused a spike in oil prices and scrambled international trade.
Now it is coming for potato chips.
The Japanese food giant Calbee said on Tuesday that it would temporarily abandon its brightly colored plastic snack bags in favor of black-and-white wrapping because of “instability affecting certain raw materials amid ongoing tensions in the Middle East.”
The company said in a statement that the measure was meant to “help maintain a stable supply of products,” adding that it would not affect the quality of the snacks.
Calbee is making the change because it is having trouble securing naphtha, a crude-oil derivative used in printing inks, a spokeswoman for the company confirmed by telephone.