Gharibabadi: Agreement between Iran and Oman on arrangements for Strait of Hormuz is finalizing - IRNA English

In the Gulf on 5 August 2026, Iran said it had reached agreement with Oman on a shipping route through the Strait of Hormuz, including the coordinates of the route. Gharibabadi said the agreement on arrangements for the strait was being finalized. Iran said reopening of the strait depends on the US, and a report said US interference was delaying the deal.

Axios reported the US was preparing to announce a deal with Iran and Oman on Hormuz on Wednesday, and Times of Israel said the deal would restore the US truce and give Tehran some control over the strait. Oil held a three-day drop as the agreement was reached.