· #205 · 1 views
Omani and Iranian officials agreed on July 12 to continue talks on reopening the Strait of Hormuz, according to reports.
Omani and Iranian officials agreed on July 12 to continue talks on reopening the Strait of Hormuz, according to reports.
Oman shares the strait with Iran and controls the waters on its southern side, which makes it a natural partner in any arrangement for shipping.
An agreement to keep talking signals that the two countries see room for a deal, but it does not set out any terms or timeline.
Any joint announcement on shipping lanes or transit procedures would be the concrete outcome to watch, as it would directly affect traffic through the strait.
First published on our Telegram channel.View the original post
Content on this site, in the email and on the Telegram channel is for information and education only and is not investment or financial advice. Crypto prices are highly volatile. Leveraged and futures trading can lose more than your margin. We do not sell or guarantee signals.