Oil markets are awaiting a decision from Iran’s supreme leader after Iranian and Omani negotiators reportedly completed a draft agreement that could reopen the Strait of Hormuz

Tehran's announcement comes after Trump said US would hold off on new Iran attack in hope of quick deal.

Iran and Oman are close to reaching an agreement to restore commercial maritime traffic through the Strait of Hormuz, The New York Times reported, citing Iranian and US officials.

Iran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fees for maritime passage. US officials…

The United States is nearing an interim agreement with Iran and Oman. This deal aims to reopen the Strait of Hormuz and restore a ceasefire. The arrangement will govern maritime…