US-Iran War: Iran-Oman Hormuz Route Deal In Final Stage, Global Markets Watch Closely
A proposed Iran-Oman agreement on a temporary safe shipping route through the Strait of Hormuz is drawing global attention as oil prices remain elevated amid growing tensions in the Gulf. Iran says negotiations with Oman are in the final stage and the agreement could soon be submitted to the International Maritime Organization. The development comes as concerns persist over shipping security, energy supplies and regional stability.
