Iran, Oman nearing final stage of Hormuz safe-route talks
Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
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Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
Treasury Secretary Scott Bessent said oil could reach $40 to $50 a barrel after the Iran conflict ends, citing a surge in supply and a temporary energy shock.
U.S. Treasury Secretary Bessent says that under Trump, the U.S. is ending the Iran threat, without providing details or a specific policy action in the report.