Deal on Hormuz shipping route reached with Oman, says Iran

An emerging deal between Iran and Oman could reopen the Strait of Hormuz and give the countries joint control over its traffic, a major concession to Tehran. The proposed plan, details of which are still being worked out, would reportedly give Tehran control of ships entering…

The United Kingdom Maritime Trade Operations confirmed that the crew and vessel are safe.

Iran and Oman have agreed on a proposed shipping route through the Strait of Hormuz. This agreement is a potential step toward reopening the critical waterway for energy supplies. A joint statement from Tehran and Muscat is currently in the final drafting stage. Sources indicate…

How Hormuz deal with Oman hands Iran unprecedented control over Gulf shipping