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Hormuz Deal Near as Trump Says | San Antonio News

Hormuz Deal Near as Trump Says | San Antonio News

Published 6 days, 10 hours ago
Description

Trump says a deal to reopen the Strait of Hormuz could be finalized as early as Wednesday, potentially ending a major global shipping crisis that’s rattled oil markets and economies. With Iran’s attacks resuming after a June truce, U.S. officials including Bessent and Rubio are optimistic progress is near — though no deal is sealed yet. The strait’s reopening hinges on new proposals involving Oman and Iran managing parts of the route with security fees, but Trump opposes tolls and insists Iran won’t control this vital chokepoint. Meanwhile, Houthi rebels continue launching strikes on ships in the region, keeping tensions high despite diplomatic efforts.

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