Strait of Hormuz Deal: A Thin Line Between War and Diplomacy The world is on edge as President Trump claims a deal to reopen the Strait of Hormuz has been "largely negotiated" with Iran.
This development could ease tensions or exacerbate the standoff, depending on its terms.
The Strait's significance cannot be overstated – it's one of the most critical waterways in the world, responsible for ferrying nearly 20% of global oil supplies.