Iran has announced that negotiations with Oman over the management of the Strait of Hormuz have entered their final stages, according to a report by @FirstSquawk. This development comes amid ongoing diplomatic efforts to establish a temporary shipping corridor through this strategic strait, a key trade route disrupted by the Iran-U.S. conflict. While talks are progressing, no confirmation from Tier 1 sources has been obtained and the market impact remains uncertain. A potential agreement could represent a significant step towards de-escalating tensions in the region, without indicating the end of the broader conflict.
Source: Read the original article
