The us and iran could reach a deal by tuesday or wednesday to reopen the strait of hormuz and restore freedom of movement for commercial ships: The US and Iran are on the brink of finalizing an agreement aimed at reopening the crucial maritime passage of the Strait of Hormuz. This development is expected to restore the movement of commercial ships, a significant step towards easing tensions in the region.

According to Anadolu Agency, US Treasury Secretary Scott Bessent revealed in an interview with CNBC that discussions with Iranian officials are ongoing. He expressed optimism about reaching an agreement, potentially as early as Tuesday or Wednesday. "We are in talks with the Iranians," Bessent stated. "There is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized position in this conflict."

When questioned about the possibility of Iran imposing a toll on the passage, Bessent clarified that the agreement would ensure freedom of movement within the strait. He emphasized, "It would be freedom of movement," and noted that despite recent tensions, a number of ships have continued to navigate the strait successfully.