Trump Says Deal To Reopen The Strait Of Hormuz Could Come This Week
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CAIRO (AP) — U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could come this week. Iran and Oman appear to be inching toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war. Two regional officials have told the AP that Iranian and Omani negotiators have finalized a draft of the deal and are waiting for final approval from Iran's supreme leader. Closure of the strait has driven up the price of fuel and basic goods far beyond the region, roiling the global economy.