Hormuz Strait Tensions Ease as Iran-US Talks Gain Traction

Yemen's navy said it foiled an attack on an oil tanker in the Red Sea, while Houthi forces claimed strikes on Saudi targets. Iran's president said no concessions were made in MOU talks, but a mediator diplomat told Axios that Tehran's team is awaiting National Security Council approval of an agreement with Oman and the US. US Treasury Secretary Bessent said the Strait of Hormuz will lose importance, as Iranian officials said a framework for passage has been clarified with Oman, and US officials expect a deal soon.