US Treasury Secretary says a Strait of Hormuz reopening deal could come on 4 or 5 August 2026
5 August 2026 · All day · Political event · Persian Gulf
Outcome
US Treasury Secretary Scott Bessent told CNBC on 4 August 2026 there was a chance of a deal "today or tomorrow" to reopen the Strait of Hormuz; US crude fell about 3 percent after the remarks. AP reported Iranian and Omani negotiators finalized a draft agreement by 5 August 2026, but no final deal or official reopening had been announced as of that date.
About this event
- Status
- draft_agreement_reported_not_finalized
- note
- AP reported Iran-Oman negotiators finalized a draft text; no final deal or reopening announced
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