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

Tehran says the route plan will replace old lanes and could restore a waterway that carries one-fifth of global oil and liquefied natural gas shipments.

  • On Sunday, Iranian Foreign Minister Abbas Araqchi confirmed that a deal with Oman defining new shipping lanes in the Strait of Hormuz is in its "final stages," though reopening the waterway depends on United States actions.
  • Tehran blocked the crucial waterway following U.S. and Israeli attacks, and Araqchi accused Washington of "violating" a June memorandum of understanding intended to end the fighting.
  • The Supreme National Security Council demands the United States "corrects its behaviour," including requirements to "completely compensate" for war damages, lift sanctions, and "unconditionally" release frozen Iranian assets.
  • A U.S. official told Reuters on Friday that an agreement could soon restore commercial shipping, with new lanes to be established once the United States fulfills the conditions required to reopen the strait.
  • Attacks by the Houthis on a Saudi Aramco refinery in Jazan on Sunday further destabilized the region, as Saudi Arabia pursues security pledges from Turkey and Pakistan amid the ongoing U.S.-Israeli war on Iran.
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Iran says Oman deal is in final stages, but US must act

President Donald Trump says the US was "low-keying" it with Iran, as a Tehran deal with Oman defining new shipping lanes in the Strait of Hormuz inches closer.

·Osborne Park, Australia
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Iranian Foreign Minister Abbas Araqchi pointed out that the understanding to define new maritime routes is close to being realized. However, Tehran maintains among its conditions a compensation from the United States for the attacks, the lifting of the blockade and sanctions, and the release of Iranian assets.

·Las Condes, Chile
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·Rio de Janeiro, Brazil
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The Mighty 790 KFGO broke the news on Sunday, August 9, 2026.
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