Iran and Oman are set to release a joint statement regarding a temporary transit corridor through the Strait of Hormuz, according to recent reports. The announcement comes amid ongoing negotiations between Tehran and Muscat aimed at managing navigation and maintaining sovereignty over this strategic waterway. Iran has denied any imminent agreement with the United States to fully reopen the strait. Market pricing for a U.S.-Iran deal by August 15 has declined from 62% to 47%, reflecting increased caution. The proposed corridor is presented as a controlled de-escalation measure with no external interference.
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