Iran and Oman near agreement on Strait of Hormuz as Trump hints imminent deal

Iran announced that negotiations with Oman concerning the security of the Strait of Hormuz are in their final stages, signaling a possible resolution to the maritime blockade that has constrained global oil shipments for several months. The talks, conducted under the auspices of Tehran and Muscat, aim to establish a coordinated monitoring and de‑escalation mechanism to prevent incidents that could further jeopardize the narrow waterway, through which roughly a fifth of the world’s petroleum passes.

U.S. President Donald Trump subsequently indicated that a formal agreement could be revealed within days, raising expectations that the blockade will be lifted and commercial traffic restored. If finalized, the deal would address the immediate shipping disruptions and could reduce the heightened tensions that have fueled the regional conflict since the onset of the crisis.