Scott Bessent Says Deal to Reopen Strait Is Imminent

Wait 5 sec.

“The U.S. Treasury secretary signaled Washington and Tehran could reach a deal over the reopening of the Strait of Hormuz as soon as Tuesday or Wednesday, sending the oil price 4 percent lower,” the Financial Times reports.Said Scott Bessent: ‘There is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict.”Bloomberg: Bessent suggests U.S.-Iran Hormuz deal possible in coming days.