Oil prices fall on hopes Strait of Hormuz could reopen
US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
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Notable Quotes
"There's been progress made in those talks, but not finality yet. We're hoping that will happen very shortly."
— Marco Rubio , Politician
"There was a chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict."
— Scott Bessent , Executive
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US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
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