CNBC·3 min read·medium
Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' - CNBC
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Spencer Kimball
✦AI Summary
Treasury Secretary Scott Bessent claims the U.S. and Iran are nearing a deal to reopen the Strait of Hormuz to commercial shipping. The potential agreement aims to restore freedom of movement in the region, which could significantly lower global energy and commodity prices.
The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said in an interview.
politicsbusinesseconomyworld
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