Bessent says deal on Strait of Hormuz possible ‘today or tomorrow’

AI Summary

US Treasury Secretary Scott Bessent indicated that a deal concerning the Strait of Hormuz might be reached imminently, aiming to restore the strategic chokepoint to pre-war conditions. Ongoing negotiations with Iran highlight the geopolitical significance of the passage.

Treasury Secretary Scott Bessent on Tuesday said a deal regarding the Strait of Hormuz could be made either “today” or “tomorrow” as the world waits for the strategic waterway to return to pre-war conditions. “We are in talks with the Iranians. There is a chance we may have a deal today or tomorrow to open…