Iran and Oman unveiled a framework on 2026-08-25 for safe passage through the Strait of Hormuz, including a temporary shipping corridor and joint mine-clearing operations with revenue-sharing arrangements. However, a tanker was struck on 2026-08-27 despite Trump's claims of mission accomplishment, and Iran demanded conditions for reopening the strait by 2026-08-28.
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Iran and Oman have unveiled a framework for restoring safe navigation through the Strait of Hormuz, including a temporary shipping corridor, joint mine-clearing operations and further talks over the future...
Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried by the Oman News Agency, as the two sides press ahead with long-running talks over navigation through the key waterway.
By Yomna Ehab CAIRO, Aug 26 (Reuters) - Iran said it had restarted talks with neighbor Oman to manage the Strait of Hormuz as it faces heightened economic pressure from U.S. President Donald Trump in the wider conflict. Iran and Oman have been in on-and-off talks for weeks about controlling traffic through the strategic waterway, which handled one-fifth of global oil and liquefied natural gas ship
Iran said it had restarted talks with neighbour Oman to manage the Strait of Hormuz as it faces heightened economic pressure from US President Donald Trump.
Tehran warned on Wednesday that the Strait of Hormuz will remain closed unless the United States ends the war, despite discussions with Oman on a temporary transit corridor in the vital waterway. Washington had earlier announced fresh sanctions aimed at pressuring Iran to capitulate, with US Treasury Secretary Scott Bessent threatening the country with "economic asphyxiation". Follow our liveblog
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framewo
The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.
Iran will not allow military vessels to transit through the Strait of Hormuz if the agreement the Islamic Republic is negotiating with Oman is finalized.
Iran Says It Reached Hormuz Revenue-Sharing Deal With Oman Iran’s IRGC says Tehran and Muscat have agreed on their respective shares of Strait of Hormuz waters and revenues. READ MORE
Iran’s military said it reached a revenue-sharing agreement with Oman on the Strait of Hormuz, as Tehran and Washington’s standoff over control of the crucial waterway continues.
IRGC spokesman says the Strait "belongs to Iran and the country of Oman...have reached results that are acceptable to both sides," while another senior official says negotiations are still ongoing.
Iran and Oman are holding talks to try to reach an interim agreement for a controlled resumption of navigation in the Strait of Hormuz. The two countries have discussed a framework for a “temporary corridor” for shipping, according to a joint statement by the Iranian and Omani foreign ministries. But the plan faces several hurdles.
Another tanker has been struck by a projectile while transiting the Strait of Hormuz, underscoring the continued risks to commercial shipping even as President Donald Trump declared victory in Iran...
U.S. source to Al Jazeera: Any agreements reached between Iran and the Sultanate of Oman are of no significance to us. The Strait of Hormuz is open, and all mines have been removed from it. No negotiations are currently underway or scheduled with Iran, and the naval blockade remains fully in effect.