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 Trump threat

Senior U.S. officials said talks with Iran and Oman are advancing toward a 60‑day interim agreement that would reopen the Strait of Hormuz. Treasury Secretary Scott Bessent and Secretary of State Marco Rubio indicated a deal could be reached within a day or two, and President Donald Trump warned Iran it would be "hit very hard" if the waterway remains closed. The draft arrangement would let ships enter the Persian Gulf via an Iranian‑controlled northern lane and exit through an Omani‑controlled southern lane, with no tolls and a plan to clear naval mines from the middle channel within 30 days. Market reaction was swift: Brent crude fell about 5 % to under $80 a barrel and U.S. WTI dropped similarly, reflecting hopes for restored oil flow. Iran maintains it is only negotiating with Oman, not directly with the United States, while regional mediators including Qatar, Pakistan and Saudi Arabia are reported to be involved.

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)