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US expects Iran to ensure safe oil flow through Strait of Hormuz: Vance

Washington expects a deal soon as Iran and Oman discuss restoring commercial shipping through the Strait of Hormuz, where disruption has lifted oil prices and inflation.

  • On Friday, a U.S. official reported progress in talks between Iran and Oman, signaling that Washington expects an agreement shortly to reopen the Strait of Hormuz and lift its blockade of Iranian ports.
  • Before the United States and Israel launched the war on Iran on February 28, about one out of every five barrels of oil worldwide transited the Strait. Iran subsequently used the conflict to justify charging tolls on tankers.
  • Abu Dhabi National Oil Company reported Friday that 15 of its vessels were struck in unprovoked attacks while transiting the Strait since the conflict began. These incidents killed one crew member and wounded 20 others.
  • In Mecca on Friday, Saudi Arabia, Pakistan, and Turkey signed a joint defense agreement stipulating that an armed attack against any of the three nations would be regarded as an attack on all.
  • Analysts warn that fissures between Iran's President Masoud Pezeshkian and the Islamic Revolutionary Guard Corps may complicate peace efforts. Central Command has reported no strikes on Iran since July 29.
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Vance: "Progress in talks" - Pasdaran: "Usa accept our conditions" - Tehran: "The son of Khamenei is about to die" -

·Turin, Italy
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Washington and Tehran have been negotiating for a peace solution in the Middle East for weeks. Free shipping in the Strait of Hormus is the top priority for the US, according to US Vice President JD Vance.

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Reuters broke the news in London, United Kingdom on Friday, August 7, 2026.
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