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US Touts Iran Deal Prospects Amid Fresh Tensions in Hormuz

TEHRAN, IRAN - APRIL 05: A general view of the giant banner hung Enghelab Square that reads, 'The Strait of Hormuz will remain closed; the entire Persian Gulf is our hunting ground.' as daily life continues in Tehran, Iran on April 05, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images)
TEHRAN, IRAN - APRIL 05: A general view of the giant banner hung Enghelab Square that reads, 'The Strait of Hormuz will remain closed; the entire Persian Gulf is our hunting ground.' as daily life continues in Tehran, Iran on April 05, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) (Anadolu via Getty Images)
CM
By
Courtney McBride, Bloomberg
May 26, 2026 05:29 PM CDT