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    Home ASIA-PACIFIC New Zealand

    Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down

    The Analyst by The Analyst
    August 5, 2026
    in New Zealand
    Trump says deal to reopen the Strait of Hormuz could come imminently

    READ ALSO

    Chinese carmakers continuing to gain momentum in New Zealand

    Trump says deal to reopen the Strait of Hormuz could come imminently



    CAIRO (AP) — Iran said Wednesday it is in the “final stage” of drafting an agreement with Oman over the Strait of Hormuz, and U.S. President Donald Trump has said a deal could be announced this week. That could potentially reopen the critical waterway, ease pressure on the world economy and help bri



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