US hopeful Hormuz Strait deal will be done ‘today or tomorrow’ after ship hit
Washington is expressing optimism that talks involving Iran and Oman will soon restore safe passage for commercial shipping through the Strait of Hormuz, a chokepoint for global oil supplies. US Treasury Secretary Scott Bessent told CNBC there is “a chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict,” saying any agreement would ensure freedom of movement rather than allow Iran to charge tolls. His comments echoed President Donald Trump, who said progress in talks had led him to hold off on further military strikes while negotiators work on a framework to reopen the waterway. Secretary of State Marco Rubio said the US is “involved” in negotiations between Oman and Iran aimed at increasing safe traffic through the strait, noting that around 20 per cent of global […]