Strait of Hormuz deal imminent: Is US prepared to back bigger role for Iran? Explained
Iran and Oman are nearing a temporary shipping agreement for the Strait of Hormuz, with an announcement expected soon. The deal will allow shipping without fees, covering inbound and outbound traffic through Iranian waters. This arrangement, valid for two to four months, signals potential progress in US-Iran relations, although the US is not directly involved in the talks.