Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleIran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, with a joint announcement pending if certain third parties do not interfere. The proposed deal would grant Tehran control over ships entering the Gulf via the Strait of Hormuz, representing a significant concession to Iran. Donald Trump stated that the Strait of Hormuz would be "open very soon" following "very good discussions" with Iran, but also threatened severe repercussions if a deal was not reached. Iran indicated that an agreement with Oman could be delayed as long as the United States continues to threaten Iran, casting doubt on immediate progress. The Strait of Hormuz is a critical waterway for global oil shipments, and its closure would significantly impact global energy prices and inflation. In fullIran-US war latest: Tehran says deal agreed to reopen Strait of Hormuz after Trump warns of more attacksMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in