IRAN SAYS IT HAS REACHED AGREEMENT WITH OMAN ON HORMUZ SHIPPING ROUTE

Iran announced that it has reached an agreement with Oman on a new shipping route through the Strait of Hormuz, allowing vessels to use a designated corridor. The deal was confirmed by Tehran on the International homepage, suggesting the corridor will be established soon.

According to the International homepage, Iran stated that it will retain a degree of control over the chokepoint, even as it coordinates the new route’s coordinates with Oman. The Guardian corroborated that an understanding was reached on the route’s coordinates, while CBS News noted that President Trump said the deal could be finalized today or tomorrow amid the talks. No specific dates or figures were released by either side.

The Strait of Hormuz is a critical maritime chokepoint that handles about 20 % of the world's oil shipments, making any changes to its navigation routes strategically significant for global energy markets.

• Iran and Oman have agreed on coordinates for a new shipping corridor through Hormuz.
• Tehran maintains that it will keep some control over the strait even after the agreement.
• U.S. officials, including President Trump, have indicated the deal could be completed shortly amid ongoing negotiations.

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