Possible US-Iran Deal to Open Hormuz This Week, Bessent Says
TL;DR Summary
Treasury Secretary Scott Bessent told CNBC that the US and Iran could reach a deal this week to reopen the Strait of Hormuz for free passage of commercial ships, with Tuesday or Wednesday as possibilities. President Trump paused a major attack to allow talks, and a June 17 memorandum of understanding laid groundwork, though past negotiations collapsed over routing disputes; if a deal is reached, energy markets could stabilize as blocked vessels resume transit.
- Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' CNBC
- Bessent Suggests US-Iran Hormuz Deal Possible in Coming Days Bloomberg.com
- Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent Financial Times
- Bessent: Could Have a Deal with Iran Today or Tomorrow WSJ
- US’s Bessent: Could have deal with Iran on Hormuz Strait by tomorrow The Times of Israel
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