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An informed source said negotiations between Iran and Oman on vessel-transit arrangements in the Strait of Hormuz are bilateral and do not imply immediate reopening. The source warned that if the U.S. continues its violations, the strait will remain

2026-08-05

An informed source said negotiations between Iran and Oman on vessel-transit arrangements in the Strait of Hormuz are bilateral and do not imply immediate reopening. The source warned that if the U.S. continues its violations, the strait will remain closed even if Iran and Oman reach an agreement; reopening is conditional on changes in U.S. behavior and rectification of those violations.

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2026-08-05

US Energy Secretary Wright says fuel prices should fall in coming weeks.

US Energy Secretary Wright says fuel prices should fall in coming weeks.
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