Iran and Oman reach Hormuz deal, but reopening hinges on US compliance

Iran and Oman have reached agreement on their share of the Strait of Hormuz and its revenues, but the vital waterway will not be reopened if the US does not accept their conditions, Iran’s Revolutionary Guards said on Wednesday. Iran and Oman have held on-and-off talks for weeks ‌about controlling traffic through the s

Aug 26 (Reuters) - Iran and Oman have reached agreements on their share of the Strait of Hormuz and its revenues, Iran's Revolutionary Guards spokesperson said, according to a report by the semi-official Tasnim news agency on Wednesday. The spokesperson said the U.S. was obstructing negotiations between Oman and Iran,

Iran and Oman reach agreements on share of Hormuz and revenues: IRGC  Dawn

Vital waterway will not be reopened if the U.S. does not accept their conditions, Iran’s Revolutionary Guards say

Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening  WSJ

Oil prices fell for a second straight session on Wednesday 26 August 2026 as Iran and Oman discussed a temporary joint shipping corridor through the Strait of Hormuz, reviving hopes of a wider US-Iran understanding. Brent slipped toward US$87 a barrel after Monday's sanctions shock, and the reversal rippled through Lat

The two nations, which lie on opposite sides of the vital, narrow waterway, discussed a proposal to temporarily reopen it and clear mines.

Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried by the Oman News Agency. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)

Indian shares gain as oil slides on Strait of Hormuz reopening hopes  Reuters

Iran said it had restarted talks with neighbour ⁠Oman to manage the Strait of Hormuz as it faces heightened economic pressure from US President Donald Trump.

The Strait of Hormuz, through which about a fifth of the world's oil and liquefied natural gas previously passed, has remained largely closed since March.

Both countries, however, have previously suggested tolling the crucial waterway.