U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could be reached as early as Wednesday, raising expectations that oil tankers may once again be able to leave the Persian Gulf and resume routine crude deliveries. Multiple outlets report that Trump’s comments come amid ongoing diplomatic efforts involving Iran and Oman, which have been described as inching toward an agreement that would ease pressure on global energy markets. Several sources link the renewed optimism to movements that could reduce disruption risk in one of the world’s most important chokepoints for maritime oil shipments. While media coverage highlights the possibility of timing as soon as Wednesday, CBS News notes that the likelihood and prospects for a finalized agreement remain unclear. Other reports also characterize Trump’s recent approach as alternating between threats of action and statements supporting diplomacy. Markets respond to the prospect of progress, with oil prices easing in some reports on hope for a workable arrangement.
Trump says deal to reopen Strait of Hormuz could happen as early as Wednesday
U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could be reached as early as Wednesday, raising expectations that oil tankers may once again be able to leave the Persian Gulf an...
- Trump says a deal to reopen the Strait of Hormuz could come as early as Wednesday.
- Reports cite expectations that reopening would allow oil tankers to exit the Persian Gulf and ship crude globally.
- Several outlets describe diplomatic steps involving Iran and Oman toward an agreement.
- Oil prices ease in response to hopes of progress on reopening the waterway.
- CBS News and others characterize the timing and likelihood of a final deal as uncertain.
President Trump is touting progress on the potential reopening of the Strait of Hormuz and says a deal could be made as soon as Wednesday. CBS News national security analyst Aaron MacLean joins "The Takeout" with more.
2 months agoTrump says Strait of Hormuz reopening deal could come this week
2 months agoU.S. President Donald Trump says a deal to reopen the Strait of Hormuz could come as early as Wednesday
2 months agoIn recent days, the American president has again alternately threatened massive strikes and voiced support for diplomatic efforts.
2 months agoIran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war.
2 months agoPresident Trump says the U.S. and Iran are having "very good discussions," raising hopes for a deal on Wednesday to reopen the Strait of Hormuz.
2 months agoPresident Trump signaled late Tuesday that the U.S. and Iran were close to a deal to reopen the Strait of Hormuz, a key oil-shipping corridor. “It could happen. Tomorrow or the next day,” Trump said after traveling to Los Angeles for a fundraising event hosted by the Republican National Committee. "A lot of progress has...
2 months agoOil prices initially eased on hopes of a deal that would allow shipping to resume but later inched upward.
2 months agoUS President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, as expectations build for an arrangement that allows for the reopening of the crucial waterway for energy markets.
2 months agoUS President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, as expectations build for an arrangement that allows for the reopening of the crucial waterway for energy markets.
2 months agoUS President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, as expectations build for an arrangement that allows for the reopening of the crucial waterway for energy markets.
2 months agoOil prices eased on hopes of progress for a deal that would allow oil tankers to exit the Persian Gulf again and deliver crude around the world.
2 months agoCAIRO — U.S. President Donald Trump said a deal on the Strait of Hormuz could come as early as Wednesday or Thursday, while Iran and Oman inched toward an agreement to reopen the critical waterway and potentially help bring an end to the war. Trump was asked by reporters traveling with him in California about a report on the Axios news site that an announcement on the Strait of Hormuz could be made on Wednesday. “It could happen. Tomorrow or the next day,” he said, speaking on Tuesday evening California time, which was already Wednesday morning in the Middle East. “A lot of progress has been made.” Oil prices eased on hopes of progress for a deal that would allow oil tankers to freely exit the Persian Gulf again and deliver crude around the world. Brent crude, the international standard, slipped by 1.2 percent to $78.43 per barrel early Wednesday. The agreement would see routes controlled by Iran and Oman, regional officials tell AP. The possible agreement emerging from talks between Iran and Oman calls for ships to enter the Persian Gulf through an Iranian-controlled route and
2 months agoCAIRO (AP) — U.S. President Donald Trump said a deal on the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement to reopen the critical waterway and potentially help bring an end to the war.
2 months ago
France sees nationwide school protests as students, unions clash with police
Hundreds of French high schools face blockades or closures as a student-led movement over education conditions spreads n...
South Korea’s Nuri rocket to launch 15 satellites on fifth mission
South Korea’s homegrown Nuri rocket is preparing for its fifth launch, aiming to place 15 satellites into orbit on Wedne...
Food outlet “Mr Jones” praised for bold, balanced flavours in a sleek setting
Multiple outlets describe the restaurant “Mr Jones” as delivering bold, balanced flavours in a sleek, stylish setting. R...