Iran's foreign ministry announced on August 5, 2026, that Tehran and Oman have concluded a shipping agreement covering the Strait of Hormuz, the Gulf waterway that serves as one of the world's most critical maritime chokepoints.
A spokesman for the foreign ministry said the deal is "in the final stages," according to BBC News, but offered no further details about its terms or scope. Oman is a Gulf nation that borders the strait.
The Financial Times reported that Iran has sought to maintain a measure of authority over the strait, a passage it regards as strategically vital. The agreement with Oman represents a formal arrangement between the two neighboring states over navigation through that corridor.