Between September 7–8, 2026, Iran announced that a deal with Oman to manage shipping through the Strait of Hormuz was days away or imminent, potentially tightening Tehran's control over the strategic waterway.
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Iran said a deal with Oman to manage shipping through the Strait of Hormuz is days away.
Oil extended gains as traders watched for details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz. Bloomberg's Michael Heath shares what we know so far. (Source: Bloomberg)
Iran said a deal with Oman to manage shipping through the Strait of Hormuz is imminent. The move could tighten Tehran’s control over the waterway and raise questions over how the US would respond. Bloomberg's Onur Ant breaks down the situation. (Source: Bloomberg)