Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongoing war and resuming normal oil traffic. However, Iran insists on further conditions, including U.S. compensation and an end to threats. The United Arab Emirates reported another ship attack in the strait, which Iran denies.

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…

Iranian officials said the route had been agreed with Oman, but argued the Strait of Hormuz remained unsafe because of US actions