Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said on August 5.

According to the report, vessels heading into the Persian Gulf would transit a channel controlled by Iran, and close to its coast, while ships leaving the Gulf would travel on a…

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.