Archive · 26 Aug 2026

Iran and Oman Report Progress Toward Strait of Hormuz Accord

Iran and Oman Report Progress Toward Strait of Hormuz Accord

Iran and Oman are talking about how ships can safely travel through the Strait of Hormuz.

Iran’s Revolutionary Guards said the countries had agreed on how to divide control of the water and its revenues.

However, another senior Iranian official said the full agreement was not finished yet.

Oman said it hoped to help create a temporary route for ships.

Iran says the waterway will not fully reopen unless the United States meets several demands.

These demands include ending a blockade, removing sanctions, and paying compensation.

The United States has rejected Iran’s demand to charge ships for passing through the strait.

Many ships have stopped using the route, and some attacks have made travel dangerous.

The uncertainty has affected energy prices around the world.

Sources