Insurance Day
Iran-Oman shipping deal offers first diplomatic opening on Hormuz, but strait remains ‘closed’
Iran and Oman have agreed on a temporary Hormuz shipping framework, but Tehran says the strait will remain effectively closed pending wider US-Iran diplomatic progress
IRAN and Oman have edged towards an interim agreement on managing shipping through the Strait of Hormuz, offering the first
tangible sign of diplomatic progress in weeks, even as Tehran insists the strategic waterway will remain effectively closed
until broader disputes with Washington are resolved.