CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal

Source: CNBC· Justina Lee· August 5, 2026
CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal

U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.

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