US, Iran and Oman near interim deal to reopen Strait of Hormuz FAST-MOVING

Strait of Hormuz interim agreement US‑Iran‑Oman talks oil price drop Donald Trump threat

Senior U.S. officials, including Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, said progress had been made in talks with Iran and Oman to reopen the Strait of Hormuz, with a possible agreement as early as today or tomorrow. The draft arrangement would create a 60‑day interim arrangement that lets inbound ships use a northern lane through Iranian waters and outbound ships a southern lane through Omani waters, without tolls, and includes a plan to clear naval mines from the middle channel within 30 days. President Donald Trump warned Iran it would be “hit very hard” if the negotiations fail, while Iranian officials said they are not negotiating directly with the United States, only with Oman. The prospect of a deal sent oil markets lower, with Brent crude falling about 5 % to under $80 a barrel and U.S. West Texas Intermediate dropping more than 5 % to $76 a barrel.

Entities: Abbas Araghchi · Donald Trump · Esmaeil Baghaei · Esmail Baghaei · Hormuz Strait · Iran · Iran · Iran · Islamic Republic of Iran · Islamic Republic of Iran · Ismail Bagaei · Ismail Bagei

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 6 SOURCES] Iranian foreign‑ministry spokesperson Ismail Bagei said the new route will differ from the pre‑war situation. (multiple articles)
[● 2 SOURCES] The United States seeks a full opening of the Hormuz Strait and a deal that would limit Iran's nuclear capacity. (b788b942-6ee1-4c9c-8b29-a82abbe6503c, 025ed9da-2974-4909-a396-236dec484ead)
[● 6 SOURCES] U.S. President Donald Trump delayed a planned military action against Iran, creating space for diplomatic agreements. (multiple articles)
[● 8 SOURCES] The United Nations Convention on the Law of the Sea guarantees a right of transit passage and prohibits blockade in the Hormuz Strait. (existing claim)
[● 21 SOURCES] The negotiations are bilateral and do not involve direct talks with the United States. (multiple)
[● 26 SOURCES] The proposed arrangement includes a temporary safe shipping corridor with a circular route: northbound leg through Iranian waters, southbound leg through Omani waters. (temporary corridor design)
[● 13 SOURCES] Iran and Oman are in the final phase of bilateral negotiations on managing traffic through the Hormuz Strait. (belongs)
[● 16 SOURCES] The proposed arrangement would regulate vessel movement, maritime services and safety in the Hormuz Strait. (arrangement scope)
[● 13 SOURCES] The negotiations do not aim to restore pre‑war navigation conditions in the Hormuz Strait. (belongs)
[● 6 SOURCES] Iran denies any direct negotiations with the United States regarding the Hormuz Strait. (multiple articles)
[● 25 SOURCES] The temporary corridor will have a northbound leg through Iranian waters and a southbound leg through Omani waters. (existing)
[● 24 SOURCES] Iran denies any direct negotiations with the United States. (Iranian denial)