Iran and Oman Announce Joint Framework for Temporary Hormuz Navigation Corridor and Mine Clearance

Iran and Oman announced a framework on August 25 to establish a temporary joint navigation corridor and joint mine-clearance project through the Strait of Hormuz, which handles roughly one-fifth of global oil trade. The announcement follows President Trump's claim that all mines in the Strait's international waters have been removed. Iran maintains its broader blockade until the US lifts sanctions and unfreezes assets.