A senior Trump administration official on Tuesday said an agreement to restore shipping through the Strait of Hormuz could be reached as soon as "today or tomorrow", fuelling hopes of a diplomatic breakthrough despite Iran's public denials that it is negotiating with Washington.
A top US official said Tuesday that a deal with Iran to reopen the Strait of Hormuz could be struck "today or tomorrow", sending oil prices tumbling on hopes of increased shipments through the vital waterway.