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Iran and Oman edge toward a Hormuz deal, with U.S. compensation as the price of entry

8/9/2026

A deal over the management of the Strait of Hormuz is taking shape between Iran and Oman.

The case for treating this as a straightforward maritime accord dissolves quickly: Iranian official Araghchi has linked any opening of the strait to compensation for what Tehran describes as United States violations, folding a geopolitical claim into a shipping arrangement.

What Araghchi said Araghchi indicated that Iran is nearing an agreement with Oman on the management of the Strait of Hormuz.

He framed the emerging structure in sequenced terms: a temporary route through the strait will serve as the foundation for a primary route. That distinction between temporary and primary matters.

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