Strait Of Hormuz Deal
Iran and Oman move toward a deal on the Strait of Hormuz as Trump weighs in.
August 5, 2026 · Updated Aug 5, 8:48pm ET
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Pano rates the coverage Leans Right.
What happened
Iran said it and Oman are in the final stages of an agreement setting coordinates for shipping routes through the Strait of Hormuz. The draft would create an inbound lane near Iran and an outbound lane near Oman, giving Tehran oversight of ships entering the Persian Gulf while barring tolls or service fees. Iran said reopening remains contingent on the U.S. ending its naval blockade and the deal would not guarantee security; President Trump said Aug. 5 U.S.-Iran talks were “very good” and a deal could come within days.
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