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Trump says deal to reopen Strait of Hormuz could come as early as Wednesday
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CityNews Toronto
CAIRO (AP) — Iran said Wednesday it is in the “final stage” of drafting an agreement with Oman over the Strait of Hormuz, and U.S. President Donald Trump has said a deal could be announced this week.
Iran has insisted on some measure of control over the strait, saying it will not go back to being an open international waterway, as it was before the war.
The officials, who were briefed on the negotiations, portrayed the potential deal as a temporary solution to the dispute over the strait.
The Houthis claimed to have fired a ballistic missile at another Saudi oil tanker.
That puts additional pressure on international shipping since the Red Sea became a key alternative route for Saudi oil exports during the war.