Iran is working on a joint statement with Oman regarding the management of ship transit through the Strait of Hormuz. This development comes as a 60-day negotiating period between the US and Iran is expiring. The US has been pushing for the full reopening of the waterway to commercial shipping.

It is unclear if the potential deal between Iran and Oman will meet US criteria. Further details on this situation and the broader Middle East context are available from KSAT 12.