Iran, Oman agree temporary Strait of Hormuz corridor

Iran and Oman have agreed on a temporary shipping corridor through the Strait of Hormuz to allow commercial vessels to transit the strategic waterway, as Tehran dismissed U.S. claims that mines had been cleared and warned that the strait could remain closed unless its conditions are met.

State of the Union: Beijing criticized U.S. sanctions against Tehran’s trading partners.

The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.

Most shipping has since been shut down, as Iran and the U.S. have tried to assert control over the strategic channel, imposing separate blockades

Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.

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Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes ‌the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.

Trump threatens to launch new strikes on nuclear site as well as Iranian military ships in the key waterway

Iran and Oman held talks in Tehran to discuss the management of traffic passing through the Strait of Hormuz, as well as a joint mine-clearing project. Further negotiations are expected to discuss a permanent solution.

US oil prices extend losses on hopes of Iran-Oman talks on Strait of Hormuz  Reuters

TOKYO, Aug 26 : U.S. oil prices fell in early trade on Wednesday, extending the previous session's losses, on hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.U.S. West Texas Intermediate crude futures fell $1.37, or 1.7 per cent, to $80

Omani FM hopes the two countries will 'soon announce' a joint temporary transit corridor through the Strait of Hormuz.

Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East  AP News

The two countries are also discussing a joint mine-clearing mission, even as President Trump said the U.S. Navy had already removed all mines from the waterway

Iran and Oman say their top diplomats have met to discuss a phased approach to managing ship traffic through the the Strait of Hormuz

Iran, Oman discuss 'phased framework' to resume safe navigation through Hormuz  Dawn

The two countries have sought to regulate transit through the Strait of Hormuz, as written in the US-Iran memorandum of understanding, after the waterway became a flashpoint in the Middle East war.

Interim proposal on managing shipping is first hint of diplomatic progress to reopen the waterway in weeks

Oman and Iran propose temporary shipping lane through Strait of Hormuz Oman and Iran have agreed on a proposed framework to resume safe navigation through the Strait of Hormuz that includes establishing a joint temporary shipping lane and a mine-clearing project in the waterway, they said in a joint statement on

Iran war latest: Oil tanker attacked in Strait of Hormuz off Oman  thenationalnews.com

Oman top diplomat to visit Iran to discuss Hormuz Strait  Arab News

Oman’s foreign minister will travel to Iran on Tuesday, Iran’s foreign ministry said, as Tehran and Muscat seek a way to regulate the passage of ships through the Strait of Hormuz.Badr al-Busaidi will hold the “ongoing political consultations between the two sides, as two littoral states of the Strait of Hormuz, to hel