US says Iran Hormuz deal could come 'today or tomorrow' as oil prices plunge
A senior Trump administration official said an agreement to restore shipping through the Strait of Hormuz could be reached as soon as "today or tomorrow," fueling hopes of a diplomatic breakthrough despite Iran's public denials that it is negotiating with Washington.
Source excerpt
A top US official said Tuesday that a deal with Iran to reopen the Strait of Hormuz could be struck "today or tomorrow", sending oil prices tumbling on hopes of increased shipments through the vital waterway.
US Treasury Secretary Scott Bessent told CNBC "there is a chance we may have a deal" in the coming hours, echoing President Donald Trump.
Speaking from the White House on Monday, Trump kept up his familiar combination of optimism for diplomacy and threats, warning that this was Iran's "last chance before decapitation".
Tehran and Washington have been at war since February 28, when the US and Israel launched surprise attacks on Iran.
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