Such an arrangement would mark one of the major concessions to Iran so far, the news agency said

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 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.

Despite the apparent step towards yielding to Iranian demands, the sources pushed back against assertions by U.S. President Donald Trump that a deal reopening the strait was…