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[INTERNATIONAL] · Iran, Oman, United States, United Arab Emirates · 100 sources

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Iran and Oman reach shipping route agreement for Strait of Hormuz

Iran and Oman have reached a definitive agreement on a maritime shipping route map for the Strait of Hormuz. The agreement, announced by Iranian Foreign Ministry spokesperson Esmail Baghaei, follows three months of intensive technical negotiations and aims to ensure safe navigation for commercial vessels while respecting the sovereignty of both coastal nations. The plan was coordinated by Iran's Ministry of Foreign Affairs with input from defense, security, and environmental authorities.

Despite this bilateral progress, tensions remain high. Iran maintains that full security in the Strait depends on ending the U.S. naval blockade and military threats. Meanwhile, U.S. President Donald Trump has escalated rhetoric, stating he would declare the Strait of Hormuz a territory of the United States once the conflict with Iran is resolved. The UAE has also condemned recent attacks on ADNOC vessels in the region, labeling them acts of piracy by Iran.

In a separate development, Iran's central bank governor, Abdolnaser Hemmati, indicated that the country will soon join the New Development Bank (NDB) as part of efforts to seek alternative financial channels outside the U.S. dollar system.

Entities

Abdolnaser Hemmati · BRICS · Donald Trump · Esmaeil Baghaei · Esmail Baghaei · Iran · Iran · Kazem Gharibabadi · New Development Bank · Oman · Oman · Scott Bessent

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