The US says a deal over reopening the Strait of Hormuz could be imminent, but Gulf officials are more skeptical and rate the chances at “50-50.” Officials familiar with regional diplomacy say negotiations are still fluid, with key details unresolved even as Washington signals momentum. The push comes alongside ongoing discussions involving the US and Iran, plus regional intermediaries and pressure to avoid escalation. Some participants believe a framework may emerge soon, but others warn that a breakthrough is far from guaranteed.
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