US And Iran Discuss Phased Deal To Reopen Strait Of Hormuz And End US Blockade, Sources Say

US and Iran are reportedly in discussions regarding a phased deal aimed at reopening the Strait of Hormuz and ending the US blockade. This development could have significant implications for oil transportation and global markets, particularly affecting the USO stock, which is linked to oil prices. Further details on the negotiations and potential outcomes have not been disclosed.