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According to Saudi media Alhadath, a senior source said that Iran and Oman have reached a preliminary agreement on reopening the Sea of Hormuz. The agreement could be announced within days, but it still needs approval from Iran's National Security Co

2026-08-06

According to Saudi media Alhadath, a senior source said that Iran and Oman have reached a preliminary agreement on reopening the Sea of Hormuz. The agreement could be announced within days, but it still needs approval from Iran's National Security Council. The agreement will last for 60 days and aims to resume navigation.

Other News
2026-08-06

DALY: Many expect supply shocks will cause a temporary rise in inflation.

DALY: Many expect supply shocks will cause a temporary rise in inflation.
2026-08-06

Bank of America: If the Strait of Hormuz cannot be reliably opened before winter, TTF natural gas prices risk soaring to over €80/MWh.

Bank of America: If the Strait of Hormuz cannot be reliably opened before winter, TTF natural gas prices risk soaring to over €80/MWh.
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