Overview
- A joint Iran‑Oman draft that fixes geographic coordinates for a transit corridor through the Strait of Hormuz entered final review, regional officials and Tehran said on Wednesday.
- The proposal would be a temporary arrangement of roughly 60 days with inbound ships using a lane near Iran, outbound ships using a lane near Oman, and an initial push to clear mines from the strait's median channel.
- President Donald Trump said an announcement could come within days and tied U.S. acceptance to changes in American naval posture while the U.S. has rejected any mandatory Iranian transit fees.
- Iranian negotiators still need sign‑off from Supreme Leader Mojtaba Khamenei and other domestic bodies, and divisions inside Tehran including hardline security organs could delay or alter the deal.
- Attacks on commercial ships and recent explosions at sea continue to threaten shipping and mean any agreement would not instantly restore safe, sustained trade through the waterway or fully calm global energy markets.