Deal with Oman on Hormuz "very close", reopening tied to US compensation for MoU violations, says Iran

Iran Herald·August 9, 2026Politics

Tehran [Iran], August 9 (ANI): Iranian Foreign Minister Seyyed Abbas Araghchi said that the deal with Oman on a legal mechanism for managing traffic through the Strait of Hormuz is 'very close', but reopening the strategic waterway will be subject to additional conditions, including compensation fro