US 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. Mr Trump was asked by reporters travelling 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. US President Donald Trump talks to reporters before he boards Air Force One (Mark Schiefelbein/AP)“A lot of progress has been made.” Mr Rubio has previously ruled out any deal that would give Iran control over the strait, saying last month that would create a “very dangerous precedent” for other parts of the world. Mr Trump said on Monday that the US was in talks with Iran, saying it was Tehran’s “last chance” to reach a deal and avoid another US military escalation.