Iran and Oman are finalising a temporary shipping route through the vital Strait of Hormuz, focusing on joint maritime management and service fees over transit tolls.

Iran nears a shipping deal with Oman for the Strait of Hormuz that could introduce crypto-based toll payments on the world's most critical oil

Iran and Oman report progress in talks to manage Strait of Hormuz tensions. Diplomatic meeting by August 31, 2026 at 40.5% YES.