Trump Says Hormuz Deal Could Come as Early as WednesdayTrump insists US will not allow Iran to impose tolls on shipping through the straitAs Iran and Oman edged closer to an agreement to reopen the vital waterway and possibly contribute to the end of the war, US President Donald Trump stated that a deal on the Strait of Hormuz may be reached as early as Wednesday or Thursday. Reporters accompanying Trump on his trip in California questioned him about a report on the news website Axios that said an announcement regarding the Strait of Hormuz might be made on Wednesday. Oil prices eased on hopes of progress for a deal that would allow oil tankers to freely exit the Persian Gulf again and deliver crude around the world. Brent crude, the international standard, slipped by 1.2% to $78.43 per barrel early Wednesday. Trump said 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.