U.S.-Iran Agreement Imminent — Strait of Hormuz Expected to Reopen, Oil Prices Set to Fall
- Posted on May 24, 2026
- By International Business Times
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- 1 min read
U.S.-Iran Agreement Imminent — Strait of Hormuz Expected to Reopen, Oil Prices Set to Fall
The announcement, made via a post on Truth Social, came after a wide-ranging phone call with leaders from Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Türkiye, Egypt, Jordan, and Bahrain — a coalition of regional powers that have played a central role in mediating the 84-day conflict.
