Middle East crisis live: US and Iran signal hope for Hormuz deal but terms unclear
While Trump suggests deal could come as soon as today, Iran indicates that ongoing talks with Oman would not lead to its immediate reopeningAfter oil prices fell sharply in the last couple of days on hopes of an interim deal…
By · August 5, 2026 · 1 min read
This article was originally published by
The Guardian World
and is republished here under license.
While Trump suggests deal could come as soon as today, Iran indicates that ongoing talks with Oman would not lead to its immediate reopening
After oil prices fell sharply in the last couple of days on hopes of an interim deal that would allow safe traffic through the strait of Hormuz, crude is on the rise again.
Brent crude is back above $80 a barrel, rising 1% to $80.2 a barrel.
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