US, Iran and Oman move toward interim Hormuz traffic pact

1 min read
Source: Axios
US, Iran and Oman move toward interim Hormuz traffic pact
Photo: Axios
TL;DR

The United States, Iran, and Oman are close to a 60-day interim deal to reopen the Strait of Hormuz, routing inbound traffic through Iranian waters and outbound traffic through Omani waters with no tolls, plus a plan to clear naval mines and lay groundwork for a longer-term agreement as diplomacy continues amid past escalation threats.

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