Hundreds of vessels are stranded in the Strait of Hormuz, as Iran and Oman moved closer to an agreement that could ease strain on the global economy.

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 close to reaching an agreement to restore commercial maritime traffic through the Strait of Hormuz, The New York Times reported Monday, citing Iranian and US…

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…

Iran and Oman near a shipping deal for the Strait of Hormuz. Agreement by August 31 at 65.5% YES.

Iran said an agreement with Oman has been reached on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for…