According to Reuters, four industry sources said a proposed agreement between Iran and Oman would give Tehran control over ships entering the Gulf via the Strait of Hormuz, but the deal is unlikely to be implemented due to U.S. sanctions and restrict

2026-08-07

According to Reuters, four industry sources said a proposed agreement between Iran and Oman would give Tehran control over ships entering the Gulf via the Strait of Hormuz, but the deal is unlikely to be implemented due to U.S. sanctions and restrictive insurance clauses on any payments.