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Iran Says It’s Nearing Strait of Hormuz Deal With Oman

DeFi Daily News by DeFi Daily News
August 10, 2026
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Iran’s foreign minister Abbas Araghchi ruled out direct talks with the US for now, but said a pact with Oman to establish a shipping route through the Strait of Hormuz was “very close.” Bloomberg’s Abeer Abu Omar reports.
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Tags: Abeer Abu OmarBrentBrent CrudeconflictCrude OildealdefenseenergyGCCgeopolitical risksGeopoliticsgulfHormuzIranIsraelmiddle eastMideast conflictNearingnuclearNuclear WeaponsOilOil inventoriesoil marketoil pricesOil productionOIL SUPPLIESoil tankerOmanOPECPentagonPoliticsregimeshippingStraitStrait of HormuzstrikesTehranU.SVonnie Quinnwarwhite houseWTI
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