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Scott Bessent Signals Imminent US-Iran Deal to Reopen Strait of Hormuz, Sending Oil Lower: 'We May Have a Deal Today or Tomorrow...'

Aug 4, 2026 · 09:03 AM ET· updated 2h ago
Scott Bessent Signals Imminent US-Iran Deal to Reopen Strait of Hormuz, Sending Oil Lower: 'We May Have a Deal Today or Tomorrow...'

Scott Bessent says the U.S. and Iran could reach a Strait of Hormuz deal by Wednesday, easing shipping disruptions.

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Why It Matters

A U.S. official says America and Iran might make a deal soon to keep shipping lanes open, which could mean oil prices might go down. Watch whether this deal actually happens, because it shows how world events can affect energy companies and prices.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.