Trump says Hormuz deal could be agreed Wednesday or Thursday as he  hails ‘very good’ Iran talks

The potential agreement on the Strait of Hormuz is significant for the lending industry as it could lead to increased stability in global oil markets. A deal would reduce the risk of disruptions to oil supplies, which in turn would help to keep oil prices stable. This stability is crucial for lenders, as it would make it easier for them to assess the creditworthiness of borrowers in the energy sector and other industries that are heavily reliant on oil.

The fact that the U.S. Central Command has confirmed that the southern route of the Strait of Hormuz remains open is also important, as it suggests that the negotiations are making progress. The Strait of Hormuz is a critical waterway for international oil trade, and any disruption to shipping lanes could have a significant impact on global oil prices. Lenders will be watching the situation closely, as a stable oil market would make it easier for them to manage their risk exposure and make informed lending decisions.

As the situation develops, lenders will be looking for signs that the agreement is holding and that oil supplies are flowing freely. They will also be watching for any indications of how the deal might impact the broader Middle East region and global trade. The outcome of the talks could have far-reaching implications for the lending industry, and lenders will need to stay up to date with the latest developments in order to make informed decisions about their lending activities. The next few days will be crucial in determining the outcome of the negotiations, and lenders will be watching closely to see if a deal is agreed on Wednesday or Thursday as predicted.

Originally reported by cnbc.com. LendingNews adds analysis for finance & markets readers.