US to allow sale of Iranian crude as Trump hits out at NATO allies

Allowing the sale of Iranian crude oil already at sea is the latest conflict-related concession from the Trump administration, which is struggling with Iran’s tight grip on the Strait of Hormuz.

Critics warn the revenue could fund Tehran’s war effort, but the White House insists Iran will struggle to access the money, reports BBC.

It came as Donald Trump said the US was close to meeting its objectives and may begin winding down its military campaign - claiming Iran’s military capabilities had been severely degraded. He had earlier said he did not want a ceasefire.

Trump went on to say the Strait of Hormuz would have to be guarded by other nations which use it - again criticising his allies for not joining the effort, calling Nato members “cowards,” and the UK, too slow.