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

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

‘We are watching every square inch of the Strait,’ Trump says as he claims all mines in the waterway have been destroyed

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

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, as the two sides press ahead with long-running talks over navigation through the key

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 and Oman on Tuesday discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz.

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

UN chief proposes mechanism for shipping essential goods through Hormuz  Dawn

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