{
  "id": 3519050,
  "title": "Iran and Oman reach accord on Strait of Hormuz, Revolutionary Guards say",
  "url": "https://urgent.news/2026/08/26/iran-and-oman-reach-accord-on-strait-of-hormuz-revolutionary-guards",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T13:29:17.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40436617/iran-and-oman-reach-accord-on-strait-of-hormuz-revolutionary-guards-say"
  },
  "original_language": "en",
  "account": "Iran and Oman have reached an agreement on the sharing of the Strait of Hormuz and its revenues, according to Iran's Revolutionary Guards. However, the vital waterway will not be reopened unless the United States accepts their conditions, the Guards said on Wednesday. The two nations have been holding negotiations for weeks regarding the control of the strait, which once facilitated one-fifth of global oil and liquefied natural gas shipments before the conflict began in February. Since then, most shipping has ceased, leading to a rise in global energy prices due to the tension between Tehran and Washington over the channel and their respective blockades. Hossein Mohebbi, a spokesman for the Islamic Revolutionary Guard Corps, confirmed in comments published by Iranian state media that the negotiations with Oman had produced results acceptable to both parties. The Guards accused the United States of attempting to hinder these talks, which led to the delay in reaching the agreement. Should the U.S. cease obstructing the negotiations and agree to the terms, the Guards stated they would be able to reopen the Strait of Hormuz. Otherwise, the waterway will not be opened under any circumstances, according to Mohebbi. Although active hostilities between the U.S. and Iran have diminished in recent weeks, diplomatic efforts to achieve a peace deal have stalled, and ongoing attacks on ships continue to make passage through the Strait of Hormuz hazardous. Iran recently issued a blacklist of 45 ships in an attempt to halt ship-to-ship transfers utilized by Gulf energy producers to circumvent the Iranian blockade. Some companies are considering halting their use of vessels on the blacklist, according to sources. The United States recently threatened to penalize countries that continue to engage in business with Iran, but stated they would not enforce sanctions immediately.",
  "summary": "CAIRO/DUBAI: Iran and Oman have reached agreement on their share of the Strait of Hormuz and its revenues, but the vital waterway will not be reopened if the U.S. does not accept their conditions, Iran’s Revolutionary Guards said on Wednesday. Iran and Oman have held on-and-off talks for weeks about controlling traffic through the strait, which handled one-fifth of global oil and liquefied…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Guardian Business",
        "title": "Iran faces strait of Hormuz paradox as strategic value of chokehold erodes",
        "url": "https://urgent.news/2026/08/26/iran-faces-strait-of-hormuz-paradox-as-strategic-value-of-chokehold",
        "published": "2026-08-26T04:00:33.000Z"
      },
      {
        "outlet": "Ventureburn",
        "title": "Iran and Oman Push for Interim Strait of Hormuz Reopening",
        "url": "https://urgent.news/2026/08/26/iran-and-oman-push-for-interim-strait-of-hormuz-reopening",
        "published": "2026-08-26T10:48:57.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Iran warns of military ship ban in Hormuz under potential deal with Oman and other Middle East news",
        "url": "https://urgent.news/2026/08/26/iran-warns-of-military-ship-ban-in-hormuz-under-potential-deal-with",
        "published": "2026-08-26T11:53:02.000Z"
      },
      {
        "outlet": "Al Jazeera",
        "title": "Iran, Oman agree on temporary Hormuz route: What we know",
        "url": "https://urgent.news/2026/08/26/iran-oman-agree-on-temporary-hormuz-route-what-we-know",
        "published": "2026-08-26T12:05:09.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "Iran and Oman reach agreements on share of Hormuz and revenues, Revolutionary Guards say",
        "url": "https://urgent.news/2026/08/26/iran-and-oman-reach-agreements-on-share-of-hormuz-and-revenues",
        "published": "2026-08-26T12:46:34.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "Iran and Oman reach Hormuz deal, but reopening hinges on US compliance",
        "url": "https://urgent.news/2026/08/26/iran-and-oman-reach-hormuz-deal-but-reopening-hinges-on-us-compliance",
        "published": "2026-08-26T13:36:30.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Iran, Oman planning temporary corridor through Strait of Hormuz",
        "url": "https://urgent.news/2026/08/26/iran-oman-planning-temporary-corridor-through-strait-of-hormuz",
        "published": "2026-08-26T13:48:01.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "India turns to US for LPG, LNG as Strait of Hormuz crisis hits Gulf supplies",
        "url": "https://urgent.news/2026/08/26/india-turns-to-us-for-lpg-lng-as-strait-of-hormuz-crisis-hits-gulf",
        "published": "2026-08-26T14:37:46.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Iran says US must fully accept its terms before Strait of Hormuz can reopen under new agreement",
        "url": "https://urgent.news/2026/08/26/iran-says-us-must-fully-accept-its-terms-before-strait-of-hormuz-can",
        "published": "2026-08-26T14:56:16.000Z"
      }
    ]
  },
  "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."
}