Report: US closer to Iran deal to reopen Strait of Hormuz, restore truce

Report: US closer to Iran deal to reopen Strait of Hormuz, restore truce The US, Iran and Oman are getting closer to an interim deal aimed at reopening the strategic Strait of Hormuz as well as restoring the ceasefire between Washington and Tehran, Axios reported.  According to the news site, the announcement of

Oil Falls Amid Prospects of U.S.-Iran Deal to Reopen Strait of Hormuz  WSJ

Marco Rubio, US Secretary of State, said there has been progress in negotiations to reopen the Strait of Hormuz.

S&P 500 hits record high as Iranian and Omani negotiators agree on temporary shipping arrangement

Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.

WASHINGTON — The US could lock down a deal with Iran as soon as Tuesday to reopen the Strait of Hormuz and let commercial ships sail freely again, Treasury Secretary Scott Bessent claimed.“We are in talks with the Iranians,” Bessent said on CNBC’s “Squawk Box.” Tuesday morning. “There is a chance we may have a...

Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.

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Donald Trump has warned Iran that the country is facing its last chance for a deal to open the Strait of Hormuz.

Donald Trump has warned Iran that the country is facing its last chance for a deal to open the Strait of Hormuz.

It would give Iran strategic leverage it did not have before the war.

The deal would address President Trump’s most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war.

The US President further claimed Washington had been prepared to launch a major military operation against Iran before diplomatic interventions from regional countries.

Oil prices fall on potential US-Iran deal to open Strait of Hormuz  thenationalnews.com