Iran and Oman Near Deal to Reopen Strait of Hormuz with Service Fee

In early August 2026, Iran and Oman were close to reaching a deal to reopen shipping lanes in the Strait of Hormuz, which had been disrupted. Under the proposed agreement, both countries would collect a 'service fee' for vessels using a safe corridor, according to reports. Iranian officials confirmed that talks were progressing positively, despite what they described as US obstruction.