U.S. President Donald Trump says a possible deal involving the Strait of Hormuz could be announced as early as Wednesday, suggesting talks with Iran are “moving along very nicely.” Separate reporting indicates the United States, Iran, and Oman are preparing to announce a 60-day agreement focused on shipping in and through the strategic strait. Under the proposed arrangement, inbound vessels would use a northern lane near Iran, while outbound traffic would move through Omani waters. The reporting frames the effort as an interim step intended to facilitate maritime operations while negotiations continue. The sources do not provide additional details on enforcement, verification, or the broader timeline beyond the 60-day period. Trump’s comments emphasize momentum toward an agreement, while the account of the prospective terms centers on changes to routing for commercial traffic through Hormuz. Overall, the information presented suggests that the parties are nearing a short-term understanding that would adjust shipping lanes to reduce friction in the region.
Trump says a Strait of Hormuz deal could be announced soon with Iran and Oman
U.S. President Donald Trump says a possible deal involving the Strait of Hormuz could be announced as early as Wednesday, suggesting talks with Iran are “moving along very nicely.” Separate reporting...
- Trump says a Strait of Hormuz deal could be announced as early as Wednesday.
- The United States, Iran, and Oman are preparing to announce a 60-day shipping agreement.
- The proposal sets different routing for traffic: inbound vessels use a northern lane near Iran.
- Outbound traffic would travel through Omani waters under the reported terms.
- Reports describe the talks as progressing quickly, with Trump citing positive momentum.
US President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, with talks with Iran "moving along very nicely". The US, Iran and Oman are preparing to announce a 60-day agreement on shipping through Hormuz, under which inbound vessels would use a northern lane near Iran and outbound traffic would travel through Omani waters. Bloomberg's Michelle Jamrisko joins Bloomberg Intelligence to discuss. (Source: Bloomberg)
2 hours agoThe U.S., Iran and Oman are preparing to announce a 60-day agreement on shipping through Hormuz
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