June deal

Iran believes that maintaining control over the strait provides its best opportunity to ensure Trump delivers on specific promises. The country is reportedly not willing to give up this control at any point.

U.S. President Donald Trump claims a deal to reopen the Strait of Hormuz could be announced soon, with Iran and Oman nearing an agreement. The potential deal follows a previous failed U.S.-Iran agreement in June and aims to ease global economic pressures caused by the strait's closure.