US Prepares Tougher Measures as Iran and Oman Near Strait Deal
Iran and Oman appear closer to an agreement on managing the Strait of Hormuz, while Washington pushes for unrestricted passage and signals new sanctions may come this week.
Iran and Oman appear closer to a deal on managing the Strait of Hormuz, according to the report. The US is not part of the talks and wants unrestricted passage through the waterway restored.
Washington is preparing tougher measures, with Trump expected to increase pressure. Bessent also signaled that new sanctions could be announced this week.
Source: First Squawk