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President Donald Trump Claims Imminent Deal with Iran as Mediators Work to Reopen the Strait of Hormuz

President Donald Trump stated that Iran has a "last chance" to sign a deal with the United States, asserting that a breakthrough is imminent. While the administration announced that negotiations are underway, Tehran has publicly denied direct talks, stating that its primary focus remains on constructive negotiations with Oman to secure safe shipping routes through the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent suggested a deal could be reached within days to open the waterway, which is vital for global oil and gas shipments. Meanwhile, mediators from Qatar, Pakistan, and Oman are working to close gaps in a temporary transit scheme. Secretary of State Marco Rubio confirmed that while the strait is the immediate focus, the ultimate goal remains the denuclearization of Iran. Despite the optimistic outlook from the administration, a cargo vessel was recently struck by an unknown projectile in the strait. Saudi Aramco reported that 2.6 billion barrels of crude oil have been lost from global supplies during the conflict, highlighting the urgency of a diplomatic resolution.

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