Bessent says deal may be reached by Wed. to reopen Hormuz: CNBC

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US Secretary of Treasury Scott Bessent looks on during a Cabinet meeting at Camp David in Maryland, US, July 31, 2026. /VCG

US Treasury Secretary Scott Bessent said Tuesday that a deal with Iran could be reached on Tuesday or Wednesday to reopen the Strait of Hormuz.

"We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict," Bessent said in an interview with CNBC.

Iranian officials so far have made no response to the remarks.

Source(s): Xinhua News Agency

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US Treasury Secretary Bessent says deal may be reached by Wednesday to reopen Strait of Hormuz: CNBC