A US official on Friday (local time) reported progress between Iran and Oman that could soon reopen the Strait of Hormuz, potentially restoring oil exports that have been disrupted by the five-month-old US war with Iran.

According to the news portal, the agreement's effect may be extended beyond 60 days

The United States is nearing an interim agreement with Iran and Oman. This deal aims to reopen the Strait of Hormuz and restore a ceasefire. The arrangement will govern maritime…