Iran and Oman negotiate deal to split control of the Strait of Hormuz, reshaping global energy transit

NewsTue, 04 Aug 2026 17:47:53 UTC3 hours ago
Iran and Oman negotiate deal to split control of the Strait of Hormuz, reshaping global energy transit

The Iran-Oman deal could reduce geopolitical risks in energy markets, challenge US influence, and boost regional economic independence.

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