Deal To Open Hormuz Strait "Today Or Tomorrow": Trump Aide On Iran Talks
US Treasury Secretary Scott Bessent indicated that a deal to reopen the Strait of Hormuz could be reached soon to stabilize global energy prices. While the US remains optimistic, Iran has denied ongoing negotiations, and tensions persist following a projectile strike on a cargo ship.
Why it matters
The Strait of Hormuz is a critical global shipping lane; any disruption or resolution significantly impacts international energy markets and geopolitical stability.
Treasury Secretary Scott Bessent said that the United States could reach a deal with Iran to reopen the Strait of Hormuz by Wednesday, adding that this would stabilise energy prices."We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalised position in this conflict," Bessent said Tuesday in an interview with CNBC.Asked if a deal would allow Iran to charge a toll on shipping using the strait, Bessent said: "I think it would be freedom of movement."Bessent's comments echoed those of US President Donald Trump on Monday, who insisted the waterway could reopen within hours after he pulled back from threats of a massive military strike on Iran.Iran's…
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