Donald Trump has indicated that the Strait of Hormuz could reopen "very soon" following an "all-day negotiation" with Iran, as Tehran and Oman finalize a draft agreement to establish new shipping lanes through the waterway (illawarramercury.com.au). The U.S. president expressed optimism that a deal to reopen the strategic strait might be reached soon, though some analysts suggest it may not align with Trump’s broader strategic goals (ca.news.yahoo.com). The agreement between Iran and Oman aims to create alternative shipping routes, potentially reducing tensions in the region and ensuring the free flow of oil (thenightly.com.au). While the U.S. has supported the initiative, the exact terms and timeline remain under discussion, with Trump emphasizing the potential for a swift resolution.
