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Negotiations between the United States, Iran, and Oman appear to be progressing toward a potential interim accord aimed at reopening the Strait of Hormuz, one of the world’s most critical maritime passages. The talks, ongoing for several weeks, seek to reinstate a ceasefire agreement reached in June while addressing shipping disruptions and establishing conditions for further diplomatic engagement on broader issues including Iran’s nuclear capabilities.
The strategic waterway has become a major focal point of tension, with commercial traffic plummeting dramatically since the outbreak of conflict in February. Before the crisis, approximately 130 vessels transited the strait daily; this figure has dropped to just eight ships per day, with one-fifth of the world’s oil supplies typically flowing through the passage during peacetime. A prolonged closure threatens to drive global energy prices significantly higher.
The core dispute centers on which nation controls shipping lanes through the waterway and whether Iran can charge fees for commercial passage. The United States has proposed a southern route along Oman’s coast, while Iran has insisted on a northern lane through its territorial waters around Larak Island. Oman has emerged as the primary mediator, with Iranian officials repeatedly denying direct talks with Washington while emphasizing discussions with the sultanate. US President Trump indicated a deal could materialize within 48 hours, though he maintained threats of military action if negotiations falter.
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Originally reported by Aljazeera →
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