Archive · 27 Aug 2026
Iran and Oman Agree to Share Strait of Hormuz Revenues
Iran and Oman reportedly made a deal about sharing money connected to the Strait of Hormuz.
The Strait is an important waterway near both countries.
An Iranian Revolutionary Guards spokesperson said the United States had slowed the talks, although the report did not explain the dispute fully.
A tanker in the strait was hit by an unknown projectile and caught fire.
The fire was put out, and everyone on the tanker was safe.
Floods in Nepal and Tibet killed at least 160 people and left others missing.
A US official responsible for a Gaza ceasefire plan criticized Israel’s attacks and warned that more war could follow.
A US aircraft carrier was also set to stop in Thailand after spending more than 250 days at sea.
Iran and Oman agreed on how to share the Strait of Hormuz and its revenues, Tasnim reported.
A Revolutionary Guards spokesperson alleged that the United States obstructed negotiations, delaying the agreement.
An unknown projectile struck a tanker in the Strait, causing a fire; all crew members were safe and no environmental impact was reported.
Flash floods in Nepal and Tibet killed at least 160 people, with many others missing.
Nikolay Mladenov criticized Israel’s attacks in Gaza, while the USS Abraham Lincoln prepared to stop in Thailand after more than 250 days at sea.
- Who
- Iran and Oman were reported to have agreed on sharing the Strait of Hormuz and its revenues.
- What
- The countries reached a reported revenue-sharing agreement; a tanker was also struck by an unknown projectile in the strait.
- When
- The agreement was reported in the live news update; the accompanying vessel image was dated June 30, 2026.
- Where
- The agreement and tanker incident concerned the Strait of Hormuz, near Iran and Oman.
- Why
- According to a Revolutionary Guards spokesperson, US obstruction had delayed negotiations; the report did not provide further details about the agreement’s purpose.
Critics and Defenders
Officials’ Responses
Lisa Cook’s position versus Donald Trump’s position
Critics and Defenders
Federal Reserve Governor Lisa Cook said the Trump administration has no legal basis to remove her from the central bank’s governing board and denied allegations of mortgage fraud.
Officials’ Responses
Donald Trump had previously sought to remove Cook over alleged mortgage fraud, which she denies.
Gaza ceasefire plan and Israeli attacks
Critics and Defenders
Nikolay Mladenov, the US ceasefire plan’s Board of Peace high representative, criticized Israel’s attacks in Gaza and warned that the alternative to the US proposal was another war.
Officials’ Responses
The report described Israel’s attacks and Mladenov’s criticism but did not include an Israeli response.
- Agreement
- Iran and Oman reportedly agreed on their shares of the Strait of Hormuz and its revenues.
- Source
- The agreement was reported by the semi-official Tasnim news agency, citing a Revolutionary Guards spokesperson.
- Tanker incident
- An unknown projectile struck a tanker in the Strait of Hormuz, starting a fire that was later extinguished.
- Tanker casualties
- All crew members were reported safe and accounted for.
- Environmental impact
- No environmental impact was reported from the tanker incident.
- Nepal and Tibet floods
- At least 160 people were confirmed dead, while many others were missing.
- USS Abraham Lincoln
- The aircraft carrier was scheduled to stop in Thailand after more than 250 days at sea.