Iran and Oman Near Hormuz Strait Deal as U.S. Official Says Agreement Expected Soon

According to Reuters, on August 7, a U.S. official said Iran and Oman have made progress in negotiations on the Hormuz Strait and are expected to reach an agreement soon. The official stated that once the agreement is finalized, commercial shipping in the Hormuz Strait will resume and the United States will lift its maritime blockade on Iran.

The official reiterated that U.S. actions will continue to be contingent on Iran's actual compliance with commitments.

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