WAR ON IRAN
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Iran, Oman close to agreement on reopening Strait of Hormuz: report
Under a potential deal, vessels entering the Gulf would transit a channel controlled by Iran and close to its coast, while outbound traffic would use a channel near Oman.
Iran, Oman close to agreement on reopening Strait of Hormuz: report
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, July 31 2026 [FILE]. / Reuters

Iran and Oman are close to reaching an agreement to restore commercial maritime traffic through the Strait of Hormuz, The New York Times has reported, citing Iranian and US officials.

Under the potential deal, the report said on Monday, vessels entering the Gulf would travel through a shipping channel controlled by Iran and close to its coast, while outbound traffic would use a channel near Oman.

Iranian officials told The New York Times that no tolls would be charged but said the agreement includes a "service fee" to cover environmental impacts, security for cargo ships and tankers, and staffing costs.

They added that the revenue would be shared equally between Iran and Oman.

A US official said that the Iranian account was "not accurate," saying any "temporary" shipping routes through the strait would not require Iranian approval and would not involve tolls.

According to the report, some senior Pentagon officials are sceptical of the proposed arrangement, expressing concern that it could amount to a concession to Iran.

The New York Times also reported that some Iranian officials questioned whether the agreement would function as intended and prevent another round of US attacks.

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SOURCE:َAA