US Signals Hormuz Deal Could Be Days Away
US and Iran nearing deal to reopen Strait of Hormuz
TRUMP SIGNALS HORMUZ DEAL COULD BE DAYS AWAY President Trump said a deal to reopen the Strait of Hormuz could come within 48 hours, adding US-Iran talks are progressing well.
Axios reported the US, Iran and Oman are preparing a 60-day shipping agreement to restore transit through the key energy route.
Hopes for a deal have eased oil market concerns, though Brent rebounded after Houthi threats to target shipping.
Any agreement would be temporary, with risks of renewed tensions if negotiations break down.