Proposed Hormuz passage deal not feasible for shipping industry, sources say
Proposal lets Iran intervene in inbound Hormuz traffic, while Oman oversees outbound clearance, source says Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 6, 2026. REUTERS/Stringer A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US … Read more