Iran, Oman near deal on Strait of Hormuz The ongoing standoff over the reopening of the Strait of Hormuz has reached a critical juncture.
Amidst reports of progress in negotiations between Iran and Oman, it's clear that this is more than just a territorial dispute – it's a test of regional geopolitics.
For those who may have forgotten, the June agreement was meant to ease tensions by allowing Iranian oil exports to flow freely through the strait.