Donald Trump says "A lot of progress has been made" on Strait of Hormuz talks

Asked about reports that an agreement on the Strait of Hormuz could be announced Wednesday, President Donald Trump said it might come within a day or two and that negotiations had made meaningful headway. Iran and Oman are reportedly completing an accord to reopen the vital waterway, with Tehran insisting on retaining some control and the deal likely hinging on Washington ending its restrictions on Iranian ports. Iranian officials said a joint statement was close unless outside parties interfered, and regional sources said the draft awaits approval from Iran’s supreme leader and could allow nuclear talks to resume. The strait, carrying about a fifth of global oil and LNG, was shut after war erupted in late February; Trump warned of severe consequences if Iran backs out.