US-Iran Hormuz agreementIran has reportedly agreed to a plan that could lead to the reopening of the Strait of Hormuz, a critical global oil and gas chokepoint, according to social media reports. The decision now awaits final approval in Tehran, which could indicate a shift towards de-escalation in the ongoing US-Iran conflict. The Strait’s reopening is part of broader negotiations involving the United States, Iran, and Oman, with discussions reportedly in their final stages. A similar market for August 31 shows a 67.5% chance of a YES outcome, reflecting optimism about a potential agreement. Key TakeawaysIran’s reported agreement appears consistent with increasing confidence in a YES outcome for the Strait of Hormuz reopening by August 15.