Aug 4, 2026 – 1.14am8 mins ago – 1.13AMReutersIran suggested negotiations with Oman to get more ships moving through the Strait of Hormuz are making progress, after President Donald Trump called off what he said was a major attack on the Islamic Republic.Oil fell on Monday, with Brent crude down about 4.6 per cent to just over $US83 a barrel, after Iran’s foreign minister, Abbas Araghchi, said discussions between Tehran and Muscat over management of the strait are in the final stages.The discussions with Oman are about a “temporary” route to ensure the safety of ships, Esmail Baghaei, an Iranian foreign ministry spokesman, said on Monday. “We are not currently negotiating with the United States.”Trump said Sunday a deal to open the waterway may be close and that new unspecified talks with Iran would begin on Monday. There’s as yet no clarity on what level of talks he was referring to or who would lead them.Iran has shown no sign of allowing vessels free passage through the Strait of Hormuz, which Trump has demanded. Instead, Iran said it’s talking to Oman about a new route and not about whether the strait as a whole will be open or closed.Fetching latest articles