Treasury Secretary Scott Bessent says that the United States can reach a deal with Iran to reopen the Strait of Hormuz by Wednesday, adding that this will stabilise energy prices, AFP reports.
“We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalised position in this conflict,” Bessent says in an interview with CNBC.
Asked if a deal would allow Iran to charge a toll on shipping using the strait, Bessent said: “I think it would be freedom of movement.”
