Washington DC, Aug. 3 -- US President Donald Trump on Monday (local time) said that there are discussions over "completely" reopening the Strait of Hormuz "by tomorrow" as part of the first phase of ongoing discussions with Iran. President Trump added the next stage of negotiations would focus on "denuclearisation" of Iran, while reiterating that Tehran would never be allowed to possess a nuclear weapon.

Speaking to reporters at the Oval Office after signing an Executive Order establishing the first-ever Presidential Military Spouse Commission, Trump expressed optimism that developments on the strategic waterway could happen within a day.

"Well, we'll find out today or tomorrow. I mean, they're going to go quickly one way or the other. ...