Foreign Affairs: A proposed deal between Iran and Oman to help end a five-month war between Iran and the United States would give Tehran control over ships entering the Persian Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in what would be one of the biggest concessions to Iran.
There was no immediate comment from the United States on the proposal, Reuters reported on August 6, 2026. While US President Donald Trump has said a deal to reopen the strait is imminent, US officials have repeatedly insisted they will not allow Iran to control access to the world’s most important trade route for energy supplies.
A deal that gives Iran control over traffic through the strait would mean that the war launched by the US and Israel in February has led to a major shift in the balance of power in the region, in Tehran’s favor. Before the war, the strait was open to all ships free of charge.
Among broader diplomatic efforts in the region, Iran and Oman have engaged in bilateral talks over the strait, which they each control through the northern and southern straits. Iran reported “significant progress” in the talks and said both inbound and outbound travel would pass through Iranian waters.
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