{
  "id": 304320,
  "title": "What is the Strait of Hormuz deal being negotiated between Iran and Oman?",
  "url": "https://urgent.news/2026/08/08/what-is-the-strait-of-hormuz-deal-being-negotiated-between-iran-and",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-08T10:46:36.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/news/mena/2026/08/08/what-is-the-strait-of-hormuz-deal-being-negotiated/"
  },
  "original_language": "en",
  "account": "Negotiations are underway between Iran and Oman to formalize shipping administration in the Strait of Hormuz. Iranian parliament spokesman Hassan Ghashghavi confirmed a general framework had been agreed upon, though final details require higher-level approval. The deal aims to divide traffic management between Iran and Oman, with Iran overseeing vessels entering the Arabian Gulf and Oman managing those exiting. The key sticking point is Iran's proposal to charge approximately 5% of cargo value, a demand the United States rejects. Currently, ships can transit the strait without fees under a 60-day window established by a US-Iran Memorandum of Understanding signed on June 17. The proposed system would replace the current arrangement overseen by the International Maritime Organisation, introducing designated routes and corridors. Iran and Oman initiated talks on future navigation arrangements in June, with both countries pledging to work together on the \"future administration of navigation\" and associated costs. While the framework has been agreed upon, discussions continue on the extent of authority and whether ships would incur fees for services. The US-Iran Memorandum of Understanding stipulated a 60-day period for Iran to consult Oman and Gulf states on maritime arrangements, but no final agreement on long-term rules has been reached.",
  "summary": "The Strait of Hormuz deal being negotiated between Iran and Oman aims to formalise shipping administration through the strategic waterway, amid ongoing peace talks with the US. Under the proposed system, Iran would coordinate vessels entering the Arabian Gulf, while Oman would oversee those exiting. The key unresolved issue is fees, with Iran reportedly seeking charges equivalent to around 5% of cargo value, which the US has rejected. The deal is intended to replace the current system, overseen by the International Maritime Organisation, which has been in place since 1968. Negotiations are still focused on the extent of authority and whether ships would pay fees for services.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Live Mint",
        "title": "US-Iran war news LIVE: Oil prices continue to rise as Iran attacks 'hostile targets' in Strait of Hormuz",
        "url": "https://urgent.news/2026/08/07/us-iran-war-news-live-oil-prices-continue-to-rise-as-iran-attacks",
        "published": "2026-08-07T00:18:33.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "Houthis hit Saudi Arabia, Iran makes demands in Strait of Hormuz talks and Dubai foils gold smuggling plot",
        "url": "https://urgent.news/2026/08/07/houthis-hit-saudi-arabia-iran-makes-demands-in-strait-of-hormuz-talks",
        "published": "2026-08-07T07:05:18.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Expert reacts to potential Iran-Oman Strait of Hormuz deal; Ted Cruz says U.S. needs to arm Iranians",
        "url": "https://urgent.news/2026/08/07/expert-reacts-to-potential-iran-oman-strait-of-hormuz-deal-ted-cruz",
        "published": "2026-08-07T16:54:53.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "US official: 'We expect a deal soon' between Iran and Oman on Strait of Hormuz",
        "url": "https://urgent.news/2026/08/07/us-official-we-expect-a-deal-soon-between-iran-and-oman-on-strait-of",
        "published": "2026-08-07T19:40:21.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "US official: We expect a deal soon between Iran and Oman on Strait of Hormuz",
        "url": "https://urgent.news/2026/08/07/us-official-we-expect-a-deal-soon-between-iran-and-oman-on-strait-of-280729",
        "published": "2026-08-07T19:46:36.000Z"
      },
      {
        "outlet": "Al Jazeera",
        "title": "Iran war live: Trilateral Mecca defence pact signed, as Hormuz deal looms",
        "url": "https://urgent.news/2026/08/08/iran-war-live-trilateral-mecca-defence-pact-signed-as-hormuz-deal",
        "published": "2026-08-08T00:00:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Iran says deal on Strait of Hormuz is close but will not open the waterway by itself",
        "url": "https://urgent.news/2026/08/08/iran-says-deal-on-strait-of-hormuz-is-close-but-will-not-open-the-311595",
        "published": "2026-08-08T12:51:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}