TEHRAN: Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and are putting the final touches on arrangements for jointly managing the passage, Tehran’s foreign ministry said Wednesday. Iran has seized de facto control of the strait, a strategic waterway for the global energy trade, since the United States and Israel launched their war against the country on February 28.

TEHRAN: Iran on Sunday (Aug 2) said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US called off major strikes to allow for…

The proposed system would route incoming ships near Iran and outgoing vessels near Oman, while Washington insists Tehran will not control access or collect payments

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…