WORLDSEMAFOR
New deal expected to open the Strait of Hormuz
The US, Oman, and Iran have agreed on a deal to reopen the Strait of Hormuz, including a ceasefire and a 60-day governance plan. Ships will use a northern lane near Iran and exit through Omani waters without tolls. Oil prices dropped as the market anticipated a lasting resolution.
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- Iran and Oman make progress on a deal to reopen the Strait of Hormuz, officials say
- Iran and Oman make progress on a deal to reopen the Strait of Hormuz, officials say
- Iran and Oman make progress on a deal to reopen the Strait of Hormuz, officials say
- U.S.-Iran deal expected to reopen Strait of Hormuz could be signed within days, both sides say
- US nears temporary deal with Iran to open Strait of Hormuz — and it doesn’t include tolls: report