The US and Iran may reach an agreement in the coming days on opening the Strait of Hormuz

U.S. Treasury Secretary Scott Bessent stated that Washington and Tehran could reach an agreement on resuming shipping through the Strait of Hormuz as early as Tuesday or Wednesday.

He announced this in an interview with CNBC.

According to Bessent, negotiations with the Iranian side are ongoing. "There is a possibility that we will reach an agreement today or tomorrow to open the strait and move toward a more normal situation in this conflict," he said.

Following these statements, Brent crude oil prices dropped by approximately 4%, falling below $80 per barrel. Later, prices partially recovered, reducing the decline to approximately 2%.

The day before, U.S. President Donald Trump also stated that negotiations with Iran had resumed, despite the fact that Tehran had previously denied the resumption of direct dialogue with Washington after several weeks of escalation between the parties.

According to Trump, the first phase of negotiations envisions the full opening of the Strait of Hormuz "literally by tomorrow." The second phase, he said, will be devoted to denuclearization issues and will require more time.

At the same time, Iranian Ministry of Foreign Affairs spokesperson Esmaeil Baghaei previously stated that Tehran is not conducting negotiations with the United States. According to him, Iran is focused on consultations with Oman on the issue of opening the strategically important Strait of Hormuz, through which approximately 20% of the world's energy supplies passed before the conflict began.