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Both Iran and Oman are striving to reach an agreement on a new route for navigation through the Strait of Hormuz. The Iranian Foreign Minister confirmed that progress is significant and revolves around temporary arrangements based on conditions, including compensation for Iran over U.S. violations. Iran considers reopening the strait linked to the U.S. accepting its terms, while the Revolutionary Guard emphasized that the issue is not about negotiations with Oman but about Iranian-independent conditions. This comes amid expectations of a near reopening of the strait and the resumption of oil exports, following potential progress between Iran and Oman, amidst reports that the American-led war against Iran has been the reason for disrupting oil shipments for the past five months.
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