By 
In Brief…
- The US has made progress in discussions with Iran and Oman on allowing more ships through the Strait of Hormuz but has not reached a final agreement, Secretary of State Marco Rubio said Tuesday. “We’re hoping that will happen very shortly.”
- US Treasury Secretary Scott Bessent said the US could reach a deal with Iran to open the Strait of Hormuz as soon as Wednesday and expected energy prices to fall.
- Iran wants control over inbound shipping through the Strait of Hormuz and oversight of outbound traffic under a plan discussed with Oman, a senior Iranian source told Reuters.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
Strait of Hormuz will reopen soon or Iran will face strikes, Trump says
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