Iran Says Deal With Oman on Hormuz Agreed in Principle

By Eltaf Najafizada

Aug 6, 2026 (Bloomberg) –The wait for an Iran-Oman deal that partially reopens the Strait of Hormuz continued into Thursday, after the Islamic Republic said an agreement on proposed shipping lanes was in the final stages.

The two countries that border the crucial waterway have been negotiating a plan for the management of maritime traffic since last month. In recent days, Iran and the US have indicated a resolution is close.

“An understanding in principle has been reached on almost all the raised issues, including the map for maritime traffic entry and exit routes,” Iran’s Deputy Foreign Minister