Iran, Oman near Hormuz reopening deal
Iran and Oman have advanced negotiations for a deal to reopen the Strait of Hormuz, which could help de-escalate tensions in the Middle East. The agreement would allow ships to enter the Persian Gulf via an Iranian route and exit through an Omani route, with security fees applied. However, the deal's final form remains uncertain and is contingent on the U.S. lifting its blockade on Iran's ports, which may face opposition from U.S. officials concerned about Iran's strategic control over the strait.