US-Iran Hormuz Deal Imminent But Missile Stockpile Near Depletion

Treasury Secretary Scott Bessent told US media that Washington and Tehran, with Omani mediation, could announce a temporary agreement to reopen the Strait of Hormuz as early as Tuesday or Wednesday. Iran's Foreign Ministry called the Oman-mediated negotiations 'positive at both technical and political levels.' Simultaneously, two sources told CBS News — the BBC's American affiliate — that the US has used nearly its entire global stockpile of long-range precision-guided missiles during the war with Iran. Gulf shipping traffic has remained steady amid the uncertainty, but the strategic picture is severely complicated by the munitions depletion signal. Qatar's Emir separately held a call with President Trump emphasizing diplomatic solutions.