The Strait of Hormuz may be close to reopening, but the toughest negotiations are only just beginning. Iran says a deal with Oman to reopen the Strait of Hormuz is on the verge of being finalised, raising hopes of easing one of the biggest flashpoints in the US-Iran war. Reports suggest the proposed arrangement would give Tehran greater control over inbound shipping, while Oman would oversee outbound traffic. However, key disagreements remain over transit fees, U.S. sanctions and access to Iranian ports. President Donald Trump says diplomacy is moving forward but has warned of military action if talks fail. Meanwhile, Iran has threatened retaliation against Gulf energy infrastructure if the United States launches fresh strikes. Josh Barnes tells you more.
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Strait Of Hormuz | Iran US Talks | US Iran War | Iran Oman Deal | Oman Mediation | Donald Trump | Iran Latest | Hormuz Reopening | Gulf Security | Middle East Conflict | West Asia | Persian Gulf | Shipping Routes | Global Oil Market | Energy Security | US Sanctions | Firstpost
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