Iran and Oman are approaching a deal aimed at securing safe transit through the Strait of Hormuz and arranging future administration of the key shipping route. The effort is described as occurring while the U.S. holds back on secondary sanctions.
WHO:Iran and Oman
WHAT:Preparing a deal to secure safe transit through the Strait of Hormuz and future administration of the route
WHEN:Reported Aug 25, 2026 at 8:00 PM ET
WHERE:Strait of Hormuz
WHY:The talks are being pursued to secure safe transit through the Strait of Hormuz and manage future administration of the route, amid U.S. restraint on secondary sanctions.
How this story developed (showing 3 of 3 earlier reports)