Iran and Oman near interim deal to resume Strait of Hormuz shipping

Iran and Oman are nearing an interim agreement to resume normal shipping operations in the Strait of Hormuz, according to four regional sources close to the negotiations. The deal is intended to help maintain a ceasefire between Tehran and Washington. Sources speaking to PBS stated that the proposed framework would see all vessels entering the Persian Gulf pass through shipping lanes closer to the Iranian coast, while outbound vessels would use lanes closer to Oman. The sources added that the agreement is expected to be announced jointly by Iran, Oman, the International Maritime Organization and the United States. The implementation would not involve the collection of tolls or transit fees and is designed as a temporary confidence-building measure rather than a permanent solution for managing traffic in the Strait. The potential deal would reportedly restore the framework established prior to the escalation of hostilities under previous ceasefire understandings. This could initiate a 60-day period of negotiations regarding Iran's nuclear programme, the release of frozen Iranian assets and the pursuit of a long-term agreement on maritime transit. Sources indicated that Iran expects to receive sanctions relief during this negotiation period to facilitate the resumption of oil exports. The Gulf Cooperation Council has reportedly expressed support for the proposal, as its members have sought to prevent a resurgence of military confrontation in the Persian Gulf region in recent months. This development has not yet been officially confirmed by Iran, Oman, the United States or the International Maritime Organization.

