US Treasury Secretary Scott Bessent says there is a possibility of a deal related to reopening the Hormuz Strait “today or tomorrow” after a ship is hit. Bessent tells CNBC that the US believes a deal could be reached in the coming hours, adding cautious optimism following remarks by US President Donald Trump the day before. Trump had indicated the strait could reopen on Tuesday (Aug 4). The reports describe market expectations alongside the diplomatic messaging, noting oil prices decline amid optimism that energy shipments could increase if the situation stabilises. While the accounts differ in phrasing, they align on the sequence of events: a ship incident prompts renewed focus on the strait’s status; Trump and then Bessent signal that negotiations may produce an outcome within a short timeframe; and the prospect of improved shipping conditions is reflected in falling oil prices. The sources do not provide details on the specific terms of any proposed agreement. Overall, the coverage portrays an ongoing diplomatic effort with an imminent timeline suggested by senior US officials.