Trump Says Deal To Reopen Strait of Hormuz Could Come As Early As Wednesday
Trump said talks with Iran and Oman are nearing a temporary shipping deal that could restore traffic through a waterway carrying about one-fifth of global oil and gas.
- On Wednesday, President Donald Trump announced a deal to reopen the Strait of Hormuz could be finalized within days, citing "very good discussions" with Iran on the strategic waterway.
- Mediators from Oman and Iran have reportedly drafted a 60-day temporary agreement routing inbound traffic through Iranian waters and outbound vessels through Omani lanes to resolve control disputes.
- Washington officials reject any arrangement allowing tolls, insisting the strait remain an open international waterway, while Iran denies direct contact with the U.S., maintaining discussions are mediated solely by Oman.
- Brent crude fell 1.2% to $78.43 a barrel early Wednesday as markets anticipated resumed commercial shipping, potentially easing global supply chain pressures.
- Previous ceasefire attempts collapsed in July, leaving analysts skeptical about deal durability; the U.S. has depleted nearly all long-range precision missile stockpiles during the conflict.
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Trump reiterates his positive portrayal of Iran talks
LAS VEGAS/WASHINGTON: President Donald Trump said talks with Tehran seemed “to be working out quite well,” reiterating his positive portrayal of the negotiations on the Iran war without elaborating on the specifics of the discussions. “I hear they are doing very well,” Trump said in an interview on the “FOX5 1-ON-1, opens new tab” show with FOX5 Las Vegas journalist Tom Durian. The interview was published on Wednesday evening. Even as the Ir…
Tehran and Muscat: Design the new routes of the Strait. America cuts sanctions. Expected a new 60-day truce to talk about nuclear and a month to mine
Donald Trump promises that the Strait of Hormuz is about to reopen, and for months the promise has collided with the reality of the negotiations. Wednesday the script repeated with a...
President Donald Trump of the United States stated that his administration had "very good talks" with Iran on 4 August. The meeting, Reuters reported, lasted several hours. The resumption of those talks had previously been announced by Trump himself.
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