Simplicius: Iran has refused to make any concessions to the US because it knows the treacherous Trump administration has no principles whatsoever when it comes to honoring deals. All the while, the US has resorted to outright begging and making every possible concession to avert the humiliation of accepting a Hormuz with tolls:
WSJ writes:
The U.S. and Oman are looking for ways to break Iran’s insistence on charging tolls for ships to pass through the Strait of Hormuz. Their chief lever in indirect talks was a promise to unfreeze some of the $100 billion in Iranian funds held overseas.
The U.S. diplomats offered a trade-off to Iran, the people said: Relinquish its claim to control the strait and renounce toll payments in exchange for billions of dollars of unfrozen funds.