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Iran says Oman deal is in 'final stages' but US must act to open Hormuz

Iran says the route would carry about one fifth of global oil and liquefied natural gas shipments once the United States meets its conditions.

  • Iranian Foreign Minister Abbas Araghchi said Sunday a deal with Oman defining new shipping lanes in the Strait of Hormuz is in the "final stages," though the waterway will only reopen once the United States meets Tehran's conditions.
  • The Supreme National Security Council stated the waterway will remain closed until the US "corrects its behaviour," demanding complete compensation for war damage, sanctions relief, and unconditional release of frozen assets.
  • Experts are currently working on maps for new routes replacing old lanes in the strait, which previously carried nearly 20 per cent of global crude, amid disputes over a June memorandum of understanding.
  • Supreme Leader Mojtaba Khamenei appointed Mohsen Rezaei as head of the Supreme National Security Council, replacing Mohammad Baqer Zolqadr, consolidating control ahead of potential negotiations with Washington.
  • Houthi forces continue targeting energy sites amid regional tensions, while Iranian officials warned the US naval blockade must end, stating "American vessels and forces will face serious risks and casualties" if it continues.
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An agreement is also to be reached between Iran and Oman for shipping through the Strait of Hormuz.

·Vienna, Austria
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·Amsterdam, Netherlands (Kingdom of the)
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Iran says a final agreement with Oman on safe sea lanes through the Strait of Hormuz is close. But the strait will not open unless the United States agrees to its demands, a spokesman for the country's foreign ministry said.

·Stockholm, Sweden
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The Mighty 790 KFGO broke the news on Sunday, August 9, 2026.
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