Iran says it is close to finalising a shipping agreement with Oman for the Strait of Hormuz, but warns security risks remain as regional tensions continue to threaten maritime traffic.

Iranian Foreign Ministry Spokesman Esmaeil Baghaei emphasized that the Strait of Hormuz had been closed not because of disagreements between Tehran and Muscat, but because of US…

Iran discussing creation of temporary route through strait of Hormuz with its neighbour, says spokesperson

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…