US optimistic on Strait of Hormuz deal
The Trump administration reports progress in negotiations between Oman and Iran to reopen the Strait of Hormuz, though no final agreement has been reached. U.S. Secretary of State Marco Rubio indicates discussions focus on safe passage for ships in the short term whilst working towards longer-term denuclearisation talks. The optimism surrounding potential peace talks has caused oil prices to drop to a three-week low.See omnystudio.com/listener for privacy information.
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