US Iran Oman Near Temporary Strait of Hormuz Reopening Deal

Negotiations for a 60-day temporary Strait of Hormuz reopening agreement are nearing completion, with a US announcement targeted for Wednesday, potentially easing regional shipping risks.

Woofun AI reports that the United States, Iran, and Oman are close to finalizing a temporary agreement to reopen the Strait of Hormuz, with a public announcement expected as early as Wednesday. The proposed 60-day arrangement, which is extendable, outlines specific maritime protocols: vessels entering the Persian Gulf will use the northern corridor of Iranian waters, while those exiting toward the Arabian Sea will transit through the southern corridor of Omani waters in coordination with Iran. No tolls will be charged during this period, and all parties commit to clearing mines from the central channel within 30 days, after which two-way traffic will resume to facilitate long-term negotiations.

Mediation efforts have involved Qatar, Pakistan, and Saudi Arabia alongside Oman, with recent communications between U.S. Special Envoy Steve Witkoff, Iranian Foreign Minister Abbas Araghchi, and Omani Foreign Minister Badr al-Busaidi. While President Trump previously considered military action, he paused operations last Saturday to allow diplomatic progress. Iranian Foreign Minister Araghchi tentatively agreed to the terms over the weekend, and sources indicate Iran completed its internal approval process on Tuesday, pending final confirmation.