AP: Iran and Oman complete draft agreement to reopen Strait of Hormuz, awaiting Supreme Leader's approval

The finalized draft marks a pivotal moment in the intensive mediation efforts led by Oman and Pakistan, with direct involvement from the White House. According to reports from Axios and regional channels, the 60-day framework establishes a dual-routing system: inbound shipping will utilize a northern lane through Iranian territorial waters, while outbound vessels will transit via Omani waters. This arrangement is designed to restore commercial traffic through the world's most critical maritime chokepoint while addressing Iranian demands for oversight.

Technical and Diplomatic Terms

Under the proposed terms, no tolls or service fees will be collected during the 60-day period. The agreement also includes a 30-day timeline for mine clearance in the central lane, which is eventually intended to serve both directions of traffic. While Iranian Foreign Minister Abbas Araghchi reportedly signaled principle approval over the weekend, the implementation of the deal remains contingent on the formal sign-off from the highest levels of the Iranian regime.

Strategic Context and Risks

As The Zioneer has previously reported, the success of any maritime agreement in the strait depends heavily on the backing of the Islamic Revolutionary Guard Corps (IRGC). While regional sources indicate that final authorization was granted by senior leadership on Tuesday, conflicting reports from Reuters suggest that several major issues may remain unresolved. Washington has reportedly signaled that if this diplomatic framework fails to stabilize the waterway, it is considering extensive military strikes against Iranian targets. For Israel, the reopening of the strait is a vital security priority, though the degree of Iranian control established by this routing system will remain a subject of close monitoring.