Sources: Deal nearing for Hormuz Strait reopening

The United States, Iran, and Oman are reportedly close to an agreement that would reopen the Strait of Hormuz, according to multiple media outlets citing sources. The parties are aiming to finalize a deal as early as Wednesday, with discussions focusing on ensuring safe passage through the critical waterway.

While Iran has previously stated it was negotiating with Oman regarding maritime traffic without U.S. involvement, both President Donald Trump and Secretary of State Marco Rubio have confirmed U.S. participation and progress in the talks. Trump described the discussions as "very good" and reiterated his threat of further attacks if the strait is not opened promptly.

Sources indicate that the proposed agreement includes provisions for 60 days of safe passage through the Strait of Hormuz, with the possibility of extending the duration. This development follows President Trump's decision over the weekend to suspend planned attacks on Iran, creating an opening for negotiations.

The potential reopening of the Strait of Hormuz, a vital chokepoint for global oil transport, could ease tensions in the region. The negotiations highlight the complex diplomatic efforts underway to de-escalate the situation between the U.S. and Iran.

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We have very good discussions.