Iran Says It Reached Agreement With Oman on Strait of Hormuz

Iran said Wednesday it has reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward reopening the critical waterway for energy supplies. The Iranian foreign ministry said the agreement, which would co-manage the strait, is in its final stage and the remaining details are being worked out. Iran denied that the United States was involved in the negotiations, despite President Trump's recent insistence that a deal to reopen the waterway was imminent. Trump also denied that U.S. munitions stockpiles are running low. The strait is a vital passage for global oil shipments, and a deal between Iran and Oman could ease concerns about energy supplies. No timeline has been announced for the agreement's completion.