Iran and Oman Agree on Strait of Hormuz Shipping Route

Tehran and Muscat finalized coordinates for a temporary corridor through the strait, blending Iranian and Omani waters to ease passage amid narrow coastal routes.

Pezeshkian said the route opens once the U.S. lifts its naval blockade, ends sanctions, releases frozen funds, allows oil investments, and urges Israel to stop actions in Lebanon—steps tied to the unfulfilled June Islamabad MoU.

The strait carries one-fifth of global oil and LNG shipments, disrupted by attacks and the blockade, so markets watch for progress on these neighborly security efforts.

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