WS #13459
Iran and Oman finalize draft agreement to reopen Strait of Hormuz, awaiting supreme leader approval; Trump and Bessent signal deal could come today or tomorrow, pressuring oil prices. Houthis strike and sink Saudi-linked vessel near Bab Al-Mandab, escalating maritime blockade and threatening oil supply, countering Hormuz deal optimism. US Treasury removes Iran-related sanctions (OFAC delists Fly Baghdad), a concrete step toward de-escalation and normalization.
Hormuz deal progress
Iran and Oman finalize draft agreement to reopen Strait of Hormuz, awaiting supreme leader approval; Trump and Bessent signal deal could come today or tomorrow, pressuring oil prices.
Houthis strike and sink Saudi-linked vessel near Bab Al-Mandab, escalating maritime blockade and threatening oil supply, countering Hormuz deal optimism.
US Treasury removes Iran-related sanctions (OFAC delists Fly Baghdad), a concrete step toward de-escalation and normalization.