Iran, Oman progress on deal to reopen Strait of Hormuz

Iran and Oman are reportedly making progress on a deal that could reopen the Strait of Hormuz, a critical chokepoint for global shipping. Regional officials suggest the emerging agreement would allow ships to transit the strait through Iranian-controlled routes on the Persian Gulf side and Omani-controlled routes on the exit, with fees levied for security and environmental services.

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Ships would enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman, with service fees charged for providing security and preserving the maritime environment.

Negotiations are ongoing, and the final terms could differ. The officials, who spoke anonymously to The Associated Press, indicated that any deal might be contingent on the U.S. lifting its blockade on Iranian ports. Such an agreement would represent a significant strategic win for Tehran.

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Any ‘temporary’ routes established through the strait would not involve approvals by Iran or charges.

However, the U.S. position remains firm against any tolls or Iranian control over the strait. A U.S. official stated that any temporary routes would not require Iranian approval or fees, and the U.S. is committed to the status quo of open transit. President Donald Trump has publicly opposed any tolling, warning of retaliation against any party attempting to charge fees.

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The U.S. remains committed to returning to the status quo in which ‘no party controls the lanes or the ability to transit through them.

The development comes as Trump faces pressure to de-escalate regional tensions and address rising gas prices ahead of midterm elections. His administration has wavered between threats of military action and support for diplomatic solutions.

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I’m not going to let them charge. Anybody’s going to charge, we’ll charge.