Proposed Hormuz deal would give Iran control of inbound traffic: Sources

A proposed diplomatic deal between Iran and Oman could grant Tehran control over shipping traffic in the Strait of Hormuz. While the U.S. has expressed skepticism, the potential agreement represents a significant shift in regional power dynamics.
Why it matters
Control over the Strait of Hormuz is critical for global energy security, and any change in oversight could have massive economic and geopolitical consequences.
If the deal comes to pass, it would be one of Iran's biggest diplomatic gains, though sources say that disagreements over shipping control and transit fees continue to stand in the way of a final agreement.
An Iranian man holding Iran’s national flag at Valiasr Square in Tehran on Jul 16, 2026. (File photo: AFP)
DUBAI: A proposed deal between Iran and Oman to help end five months of war between Iran and the United States would give Tehran control over ships entering the Gulf through the Strait of Hormuz , a senior Iranian source and two regional officials told Reuters on Wednesday (Aug 5), one of the biggest concessions yet to Iran.
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