Refinitiv: Four industry sources said a proposed Iran-Oman agreement would give Tehran control over vessels entering the Gulf via the Strait of Hormuz, but US sanctions and restrictive insurance clauses on any payments make the agreement difficult to implement.

2026-08-07

Refinitiv: Four industry sources said a proposed Iran-Oman agreement would give Tehran control over vessels entering the Gulf via the Strait of Hormuz, but US sanctions and restrictive insurance clauses on any payments make the agreement difficult to implement.