A potential deal to reopen the Strait of Hormuz may be nearing, according to US President Donald Trump. The agreement, which could come as early as Wednesday, involves Iran and Oman. The Strait of Hormuz is a critical waterway, and its closure has had far-reaching effects on the global economy, including increased prices for fuel and basic goods.

Further details on the potential deal and its implications are available from the source, including the role of the US and other countries in the negotiations and the potential impact on the global economy.