CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal
- Posted on August 5, 2026
- By CNBC
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- 1 min read
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CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal
U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.