Iranian Foreign Minister Abbas Araghchi and Omani counterpart Badr Albusaidi discussed an "interim framework" on August 26, 2026, aimed at resuming shipping through the Strait of Hormuz. The waterway, through which about one-fifth of global oil and liquefied natural gas previously passed, has remained largely closed since March 2026.
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The Strait of Hormuz, through which about a fifth of the world's oil and liquefied natural gas previously passed, has remained largely closed since March.
this outlet adds: iranian, foreign, minister, abbas, araghchi, omani, counterpart, badr
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. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)