Pakistan's defense minister, Khawaja Asif, told reporters that "things are shaping up again in favor of a peace arrangement or a deal," per Bloomberg News. U.S. and Iran trade reparation demandsEarlier Monday, Trump reacted to Tehran's renewed demand for war reparations by announcing that he is "likewise demanding compensation from Iran." In his Oval Office remarks Monday afternoon, Trump said Iran should pay for "the damage they've done" over the past half a century. Trump also repeated his claim that the Hormuz strait, the major oil-shipping route that Iran has used to gain leverage in the war, is under U.S. control. Oil prices vacillated Tuesday morning amid the conflicting signals on whether any progress was being made toward a deal to resolve hostilities in the strait.