Iran and Oman continue Strait of Hormuz talks
Iran and Oman are still negotiating details of an accord on the Strait of Hormuz. A senior Iranian source clarified that no final agreement has been reached yet.
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Iran and Oman are working on a Strait of Hormuz accord, though no final agreement has been reached yet. The talks follow weeks of negotiations to control traffic and revenues in a shipping lane handling 20% of global oil shipments. Energy markets are closely watching the discussions as ongoing blockades keep shipping shut down.
