Iran says negotiations with Oman over reopening the Strait of Hormuz are in their final stages, with the two sides agreeing on the waterway's route coordinates. Tehran added that the reopening still depends on further conditions, including compensation for what it calls violations of a June agreement. Iran also demanded that the United States lift its naval blockade of the strait and Iranian ports and withdraw its military forces from the area.
The potential deal, which also involves Washington, could restore shipping through the crucial waterway and open the door to peace talks between Tehran and Washington, according to Al Jazeera. Meanwhile, the plan has angered shipowners, who are reportedly outraged by a proposal to charge fees for using the route. No further details were provided.