Iran-Oman Strait of Hormuz Deal in "Final Stages," but Iran Warns US Blockade Still Blocks Safe Passage

Iran and Oman agreed on coordinates for a dual-route Hormuz arrangement — Iran controlling inbound lanes, Oman outbound — with Iran's foreign ministry calling the deal "in the final stages." But spokesman Baqaei warned safe navigation isn't guaranteed while the US naval blockade of Iranian ports continues. Senior US officials signal shipments could resume later this week. The strait carries roughly a fifth of global oil and LNG.