Iran says Oman deal in 'final stages' but US must act to open HormuzPublished on: August 10, 2026 10:39 AM
Pakistan, Aug. 10 -- Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the waterway would only reopen once the United States met other conditions.
A US official told Reuters on Friday that an agreement between Iran and Oman was close and could soon reopen the waterway, which carried a fifth of global oil and liquefied natural gas shipments before Iran blocked it in response to US and Israeli attacks.
Iranian Foreign Minister Abbas Araqchi said on Sunday an agreement on the strait that lies between the two countries was in the "final stages" but repeated comments made on Saturday that it would not reopen it unless other conditions were met.
The agree...
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