A deal to reopen the Strait of Hormuz is nearing completion as Gulf nations, including Oman, engage in diplomatic efforts with Iran, according to multiple reports. The strait, a critical maritime route for global oil trade, has been a point of tension due to recent escalations between the US and Iran. The proposed agreement would allow for the resumption of shipping through the waterway, though the terms remain under negotiation.
Iran’s parliament is considering a plan to ban ships linked to the US, Israel, and other “hostile countries” from passing through the strait, with the option of charging tolls. The Trump administration has rejected this proposal, citing concerns over sovereignty and economic impact. Meanwhile, Oman is seen as a key mediator, with Iran reportedly focusing its diplomatic efforts on the Gulf nation.
Diplomatic talks have intensified, with some sources suggesting that a temporary agreement could be reached soon. However, the US remains wary of any arrangement that might grant Iran too much control. The potential reopening of the strait is viewed as crucial for stabilizing global energy markets, though some analysts warn that the deal may not fully satisfy all parties involved.
