Iran Says Agreement Reached With Oman on Hormuz Shipping

Iran and Oman have reached an agreement on a proposed shipping route through the Strait of Hormuz to manage the critical energy waterway. This deal effectively ratifies Tehran's control over the chokepoint and may stabilize global oil markets. While a joint statement is under review, discussions include the potential use of crypto payments, which could trigger US regulatory scrutiny over sanctions evasion. Both nations have spent several days negotiating the management of this strategic waterway.