On May 24, 2026, former President Donald Trump stated that a potential deal between the United States and Iran would involve the reopening of the Strait of Hormuz. He did not provide additional details regarding the agreement.
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Oil Prices Decrease Amid US-Iran Deal Speculation
Former President Donald Trump indicated that a potential US-Iran deal could lead to the reopening of the Strait of Hormuz. This statement comes as oil prices have decreased amid speculation regarding the agreement.
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Oil prices slide on hopes of US-Iran deal
Oil Prices Decrease Amid US-Iran Deal Speculation