U.S. President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. Read more.

Oil prices fell and stocks rose after the treasury secretaries comments in an interview on Tuesday morning.

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…