According to a report, Iranian and Omani negotiation teams have completed drafting an agreement to reopen the Strait of Hormuz. The reported deal would reverse the IRGC's closure of the strategic waterway, which was declared shut in June following US strikes on southern Iran, as The Zioneer reported.
The reported agreement between Iran and Oman would reopen the Strait of Hormuz to commercial shipping, reversing the IRGC's closure declared on June 10 following a wave of US airstrikes on southern Iran. The closure had severely disrupted oil tanker traffic through the strategic chokepoint, through which about 20% of global oil passes. The Zioneer previously reported on the IRGC's closure and subsequent US strikes. The draft agreement, if finalized, could ease regional tensions, though details of the deal remain unconfirmed. The report did not specify a timeline for signing or implementation.
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