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

2026-08-08 04:35:24

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.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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