Trump says Iran deal largely negotiated, includes Strait of Hormuz reopening
President Trump announced that a deal with Iran has been largely negotiated, which includes the reopening of the Strait of Hormuz. This development comes after months of tensions that have affected global energy markets. The Strait of Hormuz is crucial as it handles about 20% of the world's oil supply.
- ▪The deal is seen as a significant diplomatic breakthrough in the ongoing standoff since February 2026.
- ▪Iran had previously imposed shipping restrictions through the Strait, leading to US countermeasures.
- ▪Negotiations involve multiple countries, but Trump emphasized a bilateral achievement with Iran.
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Trump says Iran deal largely negotiated, includes Strait of Hormuz reopening A potential resolution to the months-long standoff over the world's most critical oil chokepoint could reshape energy markets and ripple through crypto. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); President Trump announced on May 23 that a deal with Iran has been “largely negotiated,” with the agreement…
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