{"id":2204,"date":"2026-08-05T05:41:59","date_gmt":"2026-08-05T05:41:59","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=2204"},"modified":"2026-08-05T05:41:59","modified_gmt":"2026-08-05T05:41:59","slug":"bessent-says-u-s-and-iran-could-reach-deal-to-open-strait-of-hormuz-today-or-tomorrow","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=2204","title":{"rendered":"Bessent Says U.S. And Iran Could Reach Deal To Open Strait Of Hormuz \u2018Today Or Tomorrow\u2019"},"content":{"rendered":"<div>\n<h2>News Peg<\/h2>\n<p>Stock futures rose before markets opened on Tuesday. The Dow Industrial Average closed at a new record high on Monday, and the S&amp;P 500 just below its last record high set in June. The index broke that record shortly after markets opened on Tuesday<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2202\">Senate Judiciary Committee Approves Todd Blanche As AG After Initial Delay<\/a><\/p>\n<h2>Crucial Quote<\/h2>\n<p>\u201cOnce the strait reopens, there are hundreds if not a thousand ships sitting in there waiting to go out,\u201d Bessent said, referring to ships trapped in the waterway during the months-long conflict that began on February 28. \u201cIt\u2019s not just energy, it\u2019s fertilizer, it\u2019s refined products, it\u2019s various industrial gasses, so I think that we could see a big relief trade as those prices go down.\u201d<\/p>\n<h2>Contra<\/h2>\n<p>Although Bessent insisted a future deal would include \u201cfreedom of movement,\u201d a <u>Reuters<\/u> report published on Tuesday morning said Iran was expecting to maintain control of inbound traffic in the Strait of Hormuz in a deal being negotiated with Oman, citing an Iranian source. Outbound traffic would take a route between the two countries, and Iran would maintain oversight on those traffic lanes as well. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2200\">Max Miller Attributes Drug Use Allegations To Testosterone Replacement Therapy<\/a><\/p>\n<div><\/div>\n<h2>Key Background<\/h2>\n<p>Despite Iran\u2019s past insistence they were not directly negotiating with the U.S., Trump <u>said on Monday<\/u> the talks were \u201cgoing on right now.\u201d The president said he called off strikes over the weekend, which he claimed would have been \u201charder than any attack\u2026 since World War II.\u201d Trump said the talks were \u201cbacked\u201d by other countries, including Saudi Arabia, the United Arab Emirates and Qatar. \u201cI want to give them every last chance before decapitation,\u201d he said later.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2198\">Armed Man Arrested At Trump Golf Course In California After Seemingly Monitoring Security<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell and stocks rose after the treasury secretaries comments in an interview on Tuesday morning.<\/p>\n","protected":false},"author":1,"featured_media":2203,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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