MAJOR announcement expected on US-Iran deal with Strait of Hormuz

LATER THIS MORNING, WHEN HE. JOINS "FOX AND FRIENDS.". TO MIDDLE EAST, DEAL TO REOPEN. STRAIT OF HORMUZ IS NEARING THE. FINISH LINE WITH ANNOUNCEMENT. THAT COULD COME AS SOON AS. TODAY. >> Todd: CHIEF FOREIGN. CORRESPONDENT TREY YINGST JOINS. US LIVE IN TEL AVIV. TREY. >> Trace: A DEAL WITH IRAN COULD. HAPPEN EARLY AS TODAY, SPEAKING. WITH FOX NEWS, THE PRESIDENT. SAID TALKS TOOK PLACE ALL DAY ON.

TUESDAY. HE TOLD TRACE GALLAGHER WHAT. WILL HAPPEN IF THEY BACK OUT OF. THE AGREEMENT. >> President Trump: OTHER. COUNTRIES SHOULD HAVE BEEN ABLE. TO DO THIS. IF THEY HAD A NUCLEAR WEAPON, THIS WORLD WOULD BE A DIFFERENT. PLACE. >> Trace: IF THEY BACK OUT. AGAIN, ARE THEY DONE? >> President Trump: IF THEY BACK. OUT AGAIN, THEY WILL GET HIT. REALLY HARD. THEY KNOW THAT. THEY CAN'T HAVE A NUCLEAR. WEAPON, SIMPLE. >> Trey: STRAIT OF HORMUZ,

WATERWAY THAT HANDLED 20% OF OIL. AND LNG TRADE. SOUTHERN ROUTE REMAINS FREE AND. OPEN FOR ALL COMMERCIAL VESSELS. SEEKING TO TRANSIT. INTERNATIONAL WATERWAY. U.S. ASSISTED VESSELS IN. SUCCESSFULLY TRANSITING AND. THESE CONTINUE TODAY. TALKS ARE ONGOING WITH IRAN AND.

TEHRAN. PRIMARY OBJECTIVE EVEN FOR. IRANIAN CIVILIANS SPEAKING ABOUT. THE CONFLICT. >> WE MUST DEFINITELY KEEP. STRAIT OF HORMUZ ANY COST, NEVER. ABANDON IT AND NEVER BACK DOWN, EVEN IF THEY MAKE HARSH THREATS. AND THREATEN AN ATTACK AGAINST. OUR COUNTRY. >> Trey: TRACKING REPORTS OF. EXPLOSIONS IN DUBAI. UNCL.