Trump Announces Potential Hormuz Deal with Iran by August 5, as Tensions Escalate
On August 5, 2026, U.S. President Donald Trump claimed a deal to open the Strait of Hormuz could be announced by August 5, with U.S. Treasury Secretary Scott Bessent and Secretary of State Marco Rubio expressing optimism. Iran, however, tightened its control over the strait, seeking to charge tolls and assert dominance, contradicting U.S. claims of progress in negotiations.
Where Sources Diverge
Euronews reported that Iran tightened its grip on Hormuz and sought to control the strait and charge tolls, while Tass stated that the US leader indicated discussions were very good.
Iran has tightened its grip on Hormuz and wants to control the strait and charge tolls, powers it did not exercise before the war began on 28 February.
The US leader pointed out that the discussions were very good.
Tass reported that the agreement's effect may be extended beyond 60 days, while France24 mentioned that oil prices were plunging due to the potential deal.
According to the news portal, the agreement's effect may be extended beyond 60 days.
A senior Trump administration official said an agreement to restore shipping through the Strait of Hormuz could be reached as soon as 'today or tomorrow,' fueling hopes of a diplomatic breakthrough despite Iran's public denials that it is negotiating with Washington.
Timelines
Sources
It could happen. Tomorrow or the next day, says U.S. President Donald Trump
The US leader pointed out that the discussions were very good
According to the news portal, the agreement's effect may be extended beyond 60 days
Iran has tightened its grip on Hormuz and wants to control the strait and charge tolls, powers it did not exercise before the war began on 28 February.
A senior Trump administration official said an agreement to restore shipping through the Strait of Hormuz could be reached as soon as "today or tomorrow," fueling hopes of a diplomatic breakthrough despite Iran's public denials that it is negotiating with Washington.
Qatar said that draft language of a deal was being circulated, while Secretary of State Marco Rubio expressed optimism about the talks but added that nothing was final yet.
"We are in talks with the Iranians, and I think there is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalised position in this conflict," says Scott Bessent
According to the US Treasury Secretary, the agreement would guarantee freedom of navigation through the waterway