According to JPost.com – The Jerusalem Post, Washington, Iran, and Oman are nearing an interim agreement that could temporarily reopen the Strait of Hormuz, with the deal slated to be announced on Wednesday.
The U.S. administration is working with Iranian officials and Omani negotiators to draft a short‑term opening of the strait, a move that would lift the U.S.‑imposed restrictions on Iranian transit. Iranian President has denied threatening resignation during talks, as reported by The Guardian, and U.S. Senator Marco Rubio noted that progress has been made but that “there’s still some work to do,” according to the Times of Israel. Euronews reports that Iran and Oman have drafted a waterway agreement, but President Trump has rejected Tehran’s proposal to control transit fees and maintain full authority over the passage.
The Strait of Hormuz is a critical chokepoint through which a significant portion of the world's oil supply flows, making any temporary reopening of the passage a strategic priority for global energy markets and regional security.