Dossier
Qaboos Port
Coverage of Qaboos Port in the Nexus archive.
- Iran Can’t Help Gloating, and Oil Prices Go Up
The Strait of Hormuz, a key shipping route for regional oil and gas, has been blockaded since the U.S.-Iran war began in late February 2026. A provisional peace deal aims to reopen the waterway, but progress is unclear due to ongoing fighting in Lebanon and the need to clear sea mines. U.S. Vice President JD Vance is in Switzerland for talks with an Iranian delegation to finalize war-ending terms.