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Trump Drops Big Update On Strait Of Hormuz, Iran War As Tehran Denies Negotiations With US
Posted
August 5, 2026
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8:04Now PlayingU.S. President Donald Trump said a breakthrough on reopening the Strait of Hormuz could come as early as Wednesday, raising hopes of easing one of the world's most critical energy chokepoints. Speaking in California, Trump said "a lot of progress has been made" as Iran and Oman continue negotiations to restore commercial shipping. The Strait, through which roughly one-fifth of global oil and gas trade once passed, has been at the center of the ongoing conflict, disrupting global energy markets. Brent crude fell 1.2% on optimism surrounding the talks, though an earlier U.S.-Iran agreement in June collapsed after fresh attacks resumed.
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Trump Drops Big Update On Strait Of Hormuz, Iran War As Tehran Denies Negotiations With US
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