The administration of US President Donald Trump took it for granted on Sunday that within the coming days it will be able to announce an agreement with Iran to reopen the Strait of Hormuz, a maritime route through which approximately 20% of the world's oil flows and which has remained practically closed since the start of the US and Israeli offensive against the Islamic Republic on 28 February. Three months after the attack that killed Supreme Leader Ali Khamenei —replaced by his son Mojtaba— Washington and Tehran are negotiating a two-phase scheme that would ease pressure on the global economy without immediately resolving the underlying nuclear questions.

Trump claims a nearly finalized agreement with Iran, signaling a potential reopening of the Strait of Hormuz amid ongoing tensions.

US President Donald Trump said a peace deal with Iran was nearing completion and that the reopening of the strategic Strait of Hormuz would be announced shortly, even as an…

Breakthrough nears in talks to reopen vital Hormuz shipping route