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Strait of Hormuz Deal in Sight | Lexington News
Trump hints at a potential deal to reopen the Strait of Hormuz as early as Wednesday, a vital waterway carrying one-fifth of global oil — its closure has spiked prices and rattled the economy. Though oil dipped on the news, prices rebounded; past deals have failed as attacks continue. Houthi rebels strike again in the Red Sea, sinking a ship and escalating Yemen’s conflict. Talks between Iran and Oman may carve out shipping routes with fees for security, but the U.S. won’t accept Iranian control. Rubio confirms progress without finality, while UN rights chief condemns Iran’s surge in…
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