DUBAI, Aug 5 — A top US official said yesterday that a deal with Iran to reopen the Strait of Hormuz could be struck “today or tomorrow”, sending oil prices tumbling on...

TEHRAN: Iran on Sunday (Aug 2) said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US called off major strikes to allow for…

US Treasury chief says deal would include freedom of movement for commercial ships, as another vessel hit in Hormuz.

United States Secretary Scott Bessent indicated a potential deal with Iran regarding the Hormuz Strait. He stated that negotiations are ongoing and a resolution might be reached…

Iran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fees for maritime passage. US officials…