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Brent crude drops 4% as Iranian and Omani negotiators agree on temporary arrangement for shipping through waterway
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Trump hails talks with Iran as cargo ship struck in Strait of Hormuz NBC NewsIran war live: Qatar says diplomatic efforts ongoing; vessel hit in Hormuz aljazeera.comCargo ship reportedly struck in Strait of Hormuz as Trump states US, Iran talks ongoing KATU
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Iran demands inbound control of Hormuz and outbound oversight, source says ReutersAn Emerging Deal Could Cement Iran's Control of Strait of Hormuz The New York TimesTrump offers Iran ‘last chance' deal as repeated pauses fail to end war Fox NewsAug 2-3, 2026 — Trump calls Iranian leadership ‘unbelievably duplicitous' after Tehran denies talks resumed cnn.com
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Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' CNBCLive updates: Drafts of potential US-Iran agreement are ‘being circulated,' Qatar says CNNStock Market Today: Dow Leaps, Oil Slides After Bessent Says Iran Deal Could Be Close — Live Updates WSJQatar Signals Progress Toward Short-Term Deal Between US, Iran Bloomberg.com
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Live updates: Iran aiming to control a new Strait of Hormuz route, amid uncertainty over US talks CNNStatus of US-Iran talks uncertain as ship struck in Hormuz ReutersTrump Tells Iran He Wants a Deal on Hormuz Agreed Imminently Bloomberg.comAug 2-3, 2026 — Trump calls Iranian leadership ‘unbelievably duplicitous' after Tehran denies talks resumed CNNTrump warns Iran talks are ‘last chance
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Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.
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Higher oil prices propelled a quarterly earnings jump for Saudi Arabia's energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
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