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Oman

August 6, 2026

Muscat 2:39 pm

37°C

Khaled ZIAD / AFP via Getty Images

Explainer

Iran-Oman deal spurs Hormuz hopes as Red Sea threats evolve

Iran has signaled that an agreement was reached with Oman establishing a Hormuz shipping route even as Houthi attacks in the Red Sea expand.

Iranian Foreign Minister Abbas Araghchi (2nd L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd R) and Omani Foreign Minister Badr bin Hamad Al-Busaidi (R) walk inside a building in Muscat, Oman, on June 22, 2026.

Explainer

The emerging Iran-Oman Hormuz deal: What's at stake?

A framework that gives Tehran a formal role in determining how ships move through the waterway could strengthen its hand in future negotiations with the US.

Iranian Foreign Minister Abbas Araghchi (L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd L) and Omani Foreign Minister Badr bin Hamad Al Busaidi (R) attend a meeting in Muscat, Oman, on June 22, 2026.

Explainer

Iran-Oman Hormuz route talks near 'completion': What to know

The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points.

Latest News

Analysis

As US ties fray, top Oman official visits China: What to know

China Oman mtg

Joyce Karam

By Joyce Karam , Rosaleen Carroll

Oil climbs after US strikes Iran, Trump vows to control Strait of Hormuz

Michael M. Santiago/Getty Images

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Karen Young

In Washington, DC, reporting on regional energy

Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reo

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

Brent crude, the international benchmark, fell 0.15% to $71.87 a barrel as of 8:07 a.m. EDT after dropping as low as $71.09 earlier in the session, its lowest level since before the US-Israel-Iran war began on Feb. 28.

French President Emmanuel Macron (L) and Oman's Sultan Haitham bin Tarik pose during a meeting with business leaders in Paris on June 29, 2026.

Oman's sultan meets Macron in first France visit since 1989: What to know

French President Emmanuel Macron has been pushing against any form of toll for the Strait of Hormuz.

AFP via Getty Images

Traffic plummets through Strait of Hormuz after Iran, US trade fire

Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend.

FADEL SENNA/AFP via Getty Images

Explainer

Gulf states push incentives for investors, expats after war dents image

Several Gulf states are working to recover their images as global havens of stability in the wake of the Iran war.

United Arab Emirates

Hamed Malekpour / Middle East Images / AFP via Getty Images

Iran’s IRGC warns against using 'highly dangerous' Hormuz route: What to know

Tehran is warning that Oman's temporary routes will not guarantee safe passage through the key waterway.

AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images

Explainer

Hormuz tolls, frozen funds pose early tests for US-Iran peace progress

Early cracks are beginning to show following last week’s US-Iran deal announcement even as both sides move ahead with steps toward ending the four-month conflict.

Speaker of the parliament of Iran, Mohammad Bagher Ghalibaf (R), arrives at the Burgenstock resort in Obbuergen, near Lucerne, Switzerland, on June 21, 2026.

Iran's Ghalibaf holds talks in Oman on Strait of Hormuz: What to know

The US-Iran memorandum of understanding signed last week calls for Iran and Oman to hold talks on the future administration of the strait.

Jalaa MAREY / AFP via Getty Images

US military strikes Iran after Apache helicopter downed off Oman

The alleged shoot-down came hours after a US fighter jet fired on a Palau-flagged commercial tanker accused of attempting to outrun the US blockade of Iran.