U.S. and Iran Near Agreement on Strait of Hormuz Amid Regional Tensions
The United States, Iran, and Oman are close to finalizing an interim agreement on reopening the Strait of Hormuz, a critical maritime passage for global oil shipments. The agreement, expected to be announced soon, involves a 60-day interim deal that could be extended. It includes provisions for ship traffic control and demining efforts in the strait. The negotiations have involved multiple regional actors, including Qatar, Pakistan, and Saudi Arabia, with the U.S. playing a key role through diplomatic channels.