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Hormuz Deal Near as Trump Says | San Francisco News
Description
Trump hints at a potential Hormuz deal by Wednesday, sparking market relief as oil prices dip on hopes for restored Gulf shipping. Talks between Iran and Oman could carve separate inbound/outbound routes—with Iran handling entry, Oman exit—and charge fees for security and environmental safeguards. Arab nations like Qatar push for peace amid rising gas prices and dwindling U.S. munitions. While Trump sees this as step one toward denuclearization, U.S. officials caution no deal is finalized, with Rubio wary of Iranian control. Meanwhile, maritime violence escalates: a Red Sea tanker sinks after an attack, and another vessel reports being struck in Hormuz—underscoring the region’s persistent peril.
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