Iran and Oman agree on vessel routes through the Strait of Hormuz. U.S. charges for Hormuz fees by August 31, 2026 at 1.4% YES.

Iran and Oman are in the final stages of a joint agreement to manage commercial shipping in the Strait of Hormuz, the Iranian foreign ministry said.

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