Iran and Oman are close to a deal on temporary shipping routes through the Strait of Hormuz, but Tehran warns the waterway will not reopen immediately. Iranian Foreign Minister Abbas Araghchi said talks are in final stages, with conditions including US compensation and lifting of naval blockade. The strait, vital for global oil flows, has been blockaded since February.
Iran, Oman close to Hormuz deal, but reopening not immediate
Source: BBC