
Iran, Oman reportedly near Hormuz deal

Iran and Oman are moving closer to an agreement on a new framework for managing shipping through the Strait of Hormuz, although Tehran says the proposal does not amount to a full reopening of the strategic waterway. According to Iran's state news agency IRNA, the proposed arrangement would see commercial vessels enter the strait through Iranian waters before exiting through Omani waters. IRNA reportedly said the negotiations are intended to establish "a new model that is different from the 60-year-old practice of the past", replacing the longstanding system under which vessels transited the strait without the proposed framework. President Donald Trump has said an agreement on the Strait of Hormuz could be announced as early as Thursday. The Iranian state news agency argued the conflict involving Iran had fundamentally altered the security environment around the waterway and that previous arrangements were no longer suitable. IRNA added that the success of any agreement would depend on whether countries across the region and the broader international community accepted the new framework. The report made no reference to imposing transit fees on vessels using the strait, an issue that could prove contentious if intr







