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France 24
France 24
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FRANCE 24

US says Iran Hormuz deal could come 'today or tomorrow' as oil prices plunge

Vessels are pictured in the Strait of Hormuz as seen from Musandam, Oman, on August 3, 2026
Vessels are pictured in the Strait of Hormuz as seen from Musandam, Oman, on August 3, 2026. © Stringer, Reuters

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.

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