Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with ‘freedom of movement’
Bessent said hundreds of ships are waiting to leave as oil prices fell on hopes a deal could restore free passage through the waterway.
- On Tuesday, Treasury Secretary Scott Bessent said the United States could reach a deal with Iran by Wednesday to reopen the Hormuz Strait, with the agreement ensuring "freedom of movement" and stabilizing energy prices.
- President Donald Trump insisted on Monday that negotiations were underway, calling them the "last chance" before "decapitation," and added, "Hopefully they'll come to their senses."
- Iranian Foreign Ministry spokesperson Esmail Baghaei denied that direct negotiations with Washington are occurring, while Qatar spokesperson Majed Al-Ansari confirmed "efforts are ongoing with all parties" but noted no direct talks are planned.
- Oil prices fell further on Tuesday, with Brent dropping more than 2% and West Texas Intermediate falling more than 3% to below $78, even as an unknown projectile struck a cargo ship near Oman.
- Tehran is reportedly seeking to control inbound shipping and oversee outbound traffic through the Hormuz Strait, contrasting sharply with the administration's stated goal of "freedom of movement.
252 Articles
252 Articles
As if they were changing winds, the plans for the future of the Strait of Ormuz — and its chances of success — are modified almost daily.
Washington. U.S. and Qatari officials said yesterday that progress is being made towards the restoration of the ceasefire in the U.S.-Iran war and the reopening of the Strait of Ormuz, reported The Guardian.
LancasterOnline
Independent EspañolCAIRO, Egypt (AP) — U.S. President Donald Trump said a deal on the Strait of Hormuz could be finalized as early as Wednesday or Thursday, as Iran and Oman slowly moved toward a pact…
According to regional sources quoted by the media "Axios", a temporary agreement, which could be announced on Wednesday 5 August, is under discussion to secure the sea crossing, without imposing tolls.
Coverage Details
Bias Distribution
- 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
