Iran, Oman planning temporary corridor through Strait of Hormuz

Iran and Oman’s foreign ministers on Tuesday said they are setting up the framework of a temporary corridor for commercial vessels to pass through the Strait of Hormuz, the key commercial waterway whose traffic has been stymied amid the U.S. war on Iran. Omani Foreign Minister Badr al-Busaidi wrote on the social platfo

Oil prices fell as Iran-Oman talks raised hopes of a Strait of Hormuz reopening. Brent and WTI crude dropped as supply fears eased.

Iran and Oman, both coastal states on the strait, have for weeks been discussing the future of navigation through the waterway, with Tehran saying the geographical coordinates of a route envisaged by the two countries "have been agreed upon".

A TOP Iranian official said on Tuesday that a deal has been reached with Oman to set up a temporary transit route for shipping in the Strait of Hormuz. But Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, insisted that the strait would not reopen until the United States fulfils the

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

US President Donald Trump has threatened to bomb Oman if it ‘gets in the way’.

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.

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.

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.

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

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Iranian Foreign Minister Abba

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.

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.

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

TOKYO, Aug 26 : Oil prices dropped about 2 per cent 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.Brent crude futures fell $1.78, or 2.0 per cent, to $86.80 a barrel by 0

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

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

"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate."