Iran and Oman draft waterway deal while Trump rejects Tehran's control and transit fees

Tehran and Muscat are drafting an agreement to reopen the waterway via shared routes and service fees. However, implementation hinges on Washington lifting its blockade, with President Trump rejecting Iranian control or any shipping tolls.

The United States and Iran could reach an agreement within hours to reopen the Strait of Hormuz and guarantee the safe passage of commercial shipping, US Treasury Secretary Scott Bessent said on Tuesday, as negotiations continued despite persistent disagreements over control of the strategic waterway. Bessent said in a

President Donald Trump said Sunday night that negotiations with Iran toward ending the war will resume Monday, about a month after formal talks between the two unraveled and preceded a return to open conflict.

Trump on Sunday said he expected negotiations to resume “tomorrow afternoon” but did not detail who would be involved in such talks.

The latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing a fresh round of strikes against Iran.