DUBAI ¨C A top U.S. 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.
U.S. Treasury Secretary Scott Bessent told CNBC ¡°there is a chance we may have a deal¡± in the coming hours, echoing President Donald Trump.
Speaking from the White House on Monday, Trump kept up his familiar combination of optimism for diplomacy and threats, warning that this was Iran¡¯s ¡°last chance before decapitation.¡±
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