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Trump Fuels Hopes of Hormuz Opening With Hints Deal Is Close
Posted
August 5, 2026
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August 5, 2026
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1:01
4:37Now PlayingUS President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, with talks with Iran "moving along very nicely".
The US, Iran and Oman are preparing to announce a 60-day agreement on shipping through Hormuz, under which inbound vessels would use a northern lane near Iran and outbound traffic would travel through Omani waters. Bloomberg's Michelle Jamrisko joins Bloomberg Intelligence to discuss.
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