In a Fox News interview, Trump mentioned ongoing negotiations involving the US, Iran, and Oman, with a potential interim deal expected to be announced shortly. The Strait of Hormuz is crucial for global oil and gas supplies and has historically been a flashpoint for conflict.

In the context of discussions that resumed after military tensions escalated from a February 28 strike by the US and Israel on Iran, Trump noted that both sides were motivated to reach an agreement. He stated, “The only thing that matters is action,” expressing confidence that Iran desired to conclude the conflict. Trump indicated a strong belief that a deal could materialize within days, potentially providing a temporary 60-day arrangement for safe passage through the strait, which would facilitate shipping routes between Iran and Oman without toll payments.

The proposed deal would direct all incoming traffic in the Gulf through a northern route and outbound traffic through a southern lane in Oman’s waters, marking a critical step towards restoring stability in the region.