President Donald Trump said a deal on the Strait of Hormuz could be reached soon, according to multiple outlets including cbsnews.com and Fox News. His comments come as Iran and Oman hold talks over the strategic waterway.
Iran’s foreign ministry said the two countries have reached an understanding on the coordinates for a route through the strait, Reuters reports. The discussions are taking place amid ongoing tensions over shipping in the region, a key passage for global oil supplies.
Trump suggested an announcement could come as early as Wednesday, according to Axios and Fox News. The reports note that gasoline prices remain high, adding pressure for a resolution that could ease concerns about energy shipments.
However, CNN reports that an agreement taking shape may not be the one Trump wants. The details of any potential deal remain unclear, and it is not yet known how it would align with U.S. demands or affect current sanctions and military posture in the region.
The Strait of Hormuz is a narrow passage between the Persian Gulf and the Gulf of Oman, through which a significant share of the world’s oil travels. Any disruption there can have immediate effects on global energy markets.
Iran and Oman have historically maintained diplomatic and economic ties, and Oman has often served as a mediator between Tehran and Western nations. The reported progress on route coordinates suggests a technical step forward, but a broader political agreement may still face hurdles.
What to watch next is whether a formal deal is actually announced on Wednesday and how it is received by U.S. allies and energy markets.
