Shipping through the Strait of Hormuz remains sharply depressed as Iran and Oman discuss a temporary navigational corridor and mine-clearing plan, while Tehran says a broader reopening depends on the U.S. ending the war and lifting its blockade.

Iran and Oman discussed plans Tuesday to establish a temporary joint shipping corridor through the Strait of Hormuz and launch a mine-clearing operation as...

Iran and Oman agreed on a temporary commercial shipping corridor through the Strait of Hormuz, which handles about 20% of global oil and LNG