Iran Says Hormuz Deal with Oman in Final Stage as Trump Signals Breakthrough The prospect of an agreement between Iran and Oman over the Strait of Hormuz has sent shockwaves through the global shipping community, sparking hopes of a reprieve from the months long blockade that has crippled trade and fueled conflict.
The deal is reportedly in its final stages, with Iranian officials asserting control over the strait would be limited to a temporary arrangement.
Iran's assertion of control over the strait has been a central point of contention in the ongoing war with the US.