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Originally published by Capital Newstop
August 9, 2026
7h ago
Hormuz talks positive, Oman says, as Iran warns deal would not open strait
Talks in recent days have focused on the possibility of a deal between Iran and Oman on a new route through the strait, which they would both have responsibility for and is hoped would lead to progress in resuming shipping traffic...
✨ Key Highlights
Oman has announced that positive talks are underway with Iran regarding an agreement to secure shipping through the Strait of Hormuz. However, Iran has cautioned that any deal will not lead to an immediate reopening of the vital waterway.
- Iran effectively blockaded the strait, through which around a fifth of the world’s oil and natural gas usually flows, since February.
- Key figures involved include Oman's foreign ministry and Iranian Foreign Minister Abbas Araghchi.
- The reopening of the strait is reportedly "subject to other conditions," including Iran receiving compensation from the US for alleged violations of a previous deal.
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