Episode Details

Iran and Oman are nearing a breakthrough deal to reopen the Strait of Hormuz with a dual-route system—Iranian-controlled entry, Omani-controlled exit—with fees for security and environmental upkeep. The move hinges on the U.S. lifting its blockade of Iranian ports, a critical concession Tehran needs to avoid escalating conflict. With rising gas prices and elections looming, Washington faces mounting pressure to end the war, even as military options linger. Secretary Rubio confirms diplomatic progress, Treasury Secretary Bessent hints at an imminent deal, and President Trump warns Iran it’s “last chance” to de-escalate. Meanwhile, a cargo ship was struck by an unknown projectile in the strait, underscoring the volatile reality beneath the talks.

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