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Iran-Oman talks to reopen Strait of Hormuz

Iran and Oman held talks to reunite the Strait of Hormuz to commercial shipping, a waterway that previously carried 20% of global oil before the U.S.-Iran conflict slowed traffic.

Iran, Oman seek reopening of Strait of Hormuz in narrow talks

Illustration accompanying article: Iran, Oman seek reopening of Strait of Hormuz in narrow talks
  • Iran and Oman held talks through the weekend and into Monday to establish safe passage for ships through the Strait of Hormuz.
  • Trump halted U.S. military strikes on Iran on Friday evening to give space to the negotiations, U.S. officials said.
  • Oman proposed a regional consortium to oversee maritime security, while Iran insists on retaining control of the strait and collecting transit fees.
  • Mediators are working toward a formal 10-day truce under which Iran would reopen the strait and the U.S. would lift its blockade of Iranian ports.
 2026-07-28 · 4 MIN READ

US and Iran face dueling time pressures as Hormuz conflict resumes

Illustration accompanying article: US and Iran face dueling time pressures as Hormuz conflict resumes
  • President Trump is seeking a resolution before the November midterm elections and before oil price increases further pressure American voters, according to the Wall Street Journal.
  • Iran, under a reimposed U.S. naval blockade, is seeking to maintain its chokehold on the Strait of Hormuz with small boats and antiship missiles while avoiding a full-scale American and Israeli attack.
  • Analysts said both sides have concluded their best strategy is resuming conflict at a low level while waiting for the other to buckle.
  • Brent crude rose 1.7% to $84.73 a barrel Tuesday and is up more than 11% over two days, though still far below the war's peak above $100.
 2026-07-15 · 3 MIN READ