WS #13405
Treasury Secretary Bessent says a US-Iran deal to reopen the Strait of Hormuz could come 'today or tomorrow,' sending oil prices down over 5% and stocks to record highs, but Iran denies talks and a vessel attack near Hormuz adds uncertainty. Reports indicate the US has used 'virtually all' of its long-range precision missiles (ATACMS/PrSM) in the Iran war, raising readiness concerns and potentially limiting future escalation options.
US-Iran Hormuz deal optimism
Treasury Secretary Bessent says a US-Iran deal to reopen the Strait of Hormuz could come 'today or tomorrow,' sending oil prices down over 5% and stocks to record highs, but Iran denies talks and a vessel attack near Hormuz adds uncertainty.
Reports indicate the US has used 'virtually all' of its long-range precision missiles (ATACMS/PrSM) in the Iran war, raising readiness concerns and potentially limiting future escalation options.