Oil prices fall on hopes Strait of Hormuz could reopen

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.

Talks With Iran to Reopen Strait of Hormuz Make Progress, Officials Say

Qatar, which has mediated between the U.S. and Iran before, said a draft deal was being circulated, while the U.S. Treasury secretary suggested an agreement may be imminent.

By Aaron Boxerman and Ismaeel Naar

Qatar, Bessent Signal Iran Deal Could Be Coming

Hopes of a new deal between Iran and the US are rising. Qatar says a proposal has been drafted. Treasury Secretary Scott Bessent says there could a deal Tuesday or Wednesday to open the Strait of Hormuz. Bloomberg's Jeff Mason has more. (Source: Bloomberg)

Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent

Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday

US and Qatar report progress on Iran ceasefire and reopening Hormuz strait

Optimism echoes Trump’s claims on Monday that deal is close as mediators say they are exchanging proposals Middle East crisis live – latest updates US and Qatari officials have said progress is being made in restoring a ceasefire in the US-Iran war and reopening the strait of Hormuz. The optimistic speculation on Tuesday brought oil prices down 2%, but the strait remained closed to shipping and a cargo vessel was reportedly struck by an unidentified projectile off Oman’s coast close to the...

By Julian Borger Senior international correspondent and Patrick Wintour Diplomatic editor

Rubio: Progress made to reopen Strait of Hormuz

Marco Rubio, US Secretary of State, said there has been progress in negotiations to reopen the Strait of Hormuz.

Trade vessel struck by projectile in Strait of Hormuz amid US-Iran talks

A trade vessel reported being struck by an unknown projectile near Oman's coast as Trump claims a deal to reopen the Strait of Hormuz is imminent.

Oil prices tumble after Bessent says Strait of Hormuz deal may come this week

Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation.

Ship attacked near Strait of Hormuz as status of U.S.-Iran talks remain unclear

An attack on a vessel near the Strait of Hormuz and a rebound in oil prices on Tuesday underscored doubts that the U.S.-Iran war was nearing a resolution, as Tehran pushed back against President Donald Trump's assertion that talks were under way.

Trump's announced breakthrough with Hamas fuels growing discord with Israel

Just days after US President Donald Trump announced a deal that would see Hamas to completely disarm in Gaza, the plan seems to be unravelling. Israel says it has expressed concern to Washington about the plan as it steps up its bombing campaign over the enclave. This as far-right ministers put pressure on PM Benjamin Netanyahu not to allow international forces to enter Gaza, as approved by the government. People in Gaza also say Trump's plan is out of touch with the worsening reality on the...

By FRANCE24

Bessent Says U.S. And Iran Could Reach Deal To Open Strait Of Hormuz ‘Today Or Tomorrow’

Oil prices fell and stocks rose after the treasury secretaries comments in an interview on Tuesday morning.

By Zachary Folk, Forbes Staff

Iran and Oman make progress on a deal to reopen the Strait of Hormuz, officials say

Iran and Oman are working on a plan to reopen the Strait of Hormuz, and other Mideast developments

Iran and Oman are working on a plan to reopen the Strait of Hormuz, and other Mideast developments

Iran, Oman close in on Strait of Hormuz deal: Why US disputes proposed ‘service fee’ plan

US sees progress in Hormuz Strait talks, hopes for deal very shortly, Rubio says

"There's been progress made in those talks, but not finality yet. We're hoping that will happen very shortly," Rubio told reporters at the State Department.

Deal To Open Hormuz Strait "Today Or Tomorrow": Trump Aide On Iran Talks

Bessent's comments echoed those of US President Donald Trump on Monday, who insisted the waterway could reopen within hours after he pulled back from threats of a massive military strike on Iran.

Mediator Qatar says efforts 'ongoing' for Iran-US diplomatic solution

Iran says Hormuz talks with Oman continue 'positively'

Negotiations focus on defining safe inbound, outbound shipping lanes that safeguard rights of both countries

By Anadolu Agency

Progress made in Hormuz shipping talks with Iran, but no deal yet: Rubio

U.S. Secretary of State Marco Rubio said Tuesday that discussions with Iran and Oman on increasing commercial shipping through the Strait of Hormuz have made progress, but the part...

Oil Slides As Qatar Floats New Iran Deal, Bessent Promises Hormuz Breakthrough: 'May Have Deal Tomorrow'

Oil Slides As Qatar Floats New Iran Deal, Bessent Promises Hormuz Breakthrough: 'May Have Deal Tomorrow' Another fake ceasefire in progress? Or are we to believe it's for real this time? There's nothing on the ground-level at all that currently suggests the warring sides are imminently about to agree to a new ceasefire, or are so much as back at the negotiating table. And yet Tuesday morning headlines are now being driven by a Qatari Foreign Ministry statement saying that "langu...

By Tyler Durden

US hopeful Hormuz strait deal will be done ‘today or tomorrow’ after ship hit

Iran wants to maintain control over and charge tolls for the strait, powers it did not exercise before the war and which the US fiercely opposes. The post US hopeful Hormuz strait deal will be done ‘today or tomorrow’ after ship hit appeared first on Vanguard News.

By Henry Oduah

Oil prices fall on hopes Strait of Hormuz could reopen

Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.

By Deborah Okailey Quarcoo