Iran says deal is close on Strait of Hormuz; Trump dismisses munitions shortage reports

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AI Fusion Summary

Iran and Oman have reached an agreement in principle regarding shipping lanes in the Strait of Hormuz. While this deal aims to stabilize a critical global oil route and potentially ease regional tensions, reports indicate it does not involve a full reopening of the waterway. Separately, President Trump has dismissed reports concerning significant U.S. munitions shortages resulting from the war, contradicting claims of supply deficits as reported by CBS News' Weijia Jiang.
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