Iran and Oman near framework for Strait of Hormuz traffic management
Iranian lawmakers await final approval on a proposed shipping arrangement with Oman that would establish separate inbound and outbound routes through the strategic waterway.
Why it mattersThe Strait of Hormuz carries roughly one-fifth of global oil supply. Iran's closure of the waterway during the US-Iran conflict paralyzed Gulf exports and triggered force majeure declarations from state energy firms. A bilateral framework between Tehran and Muscat could reopen commercial shipping without direct US-Iran negotiations.
The big pictureUnder the emerging agreement, Iranian and Omani shipping routes would remain in temporary use before traffic is redirected through a central course. Iranian officials would oversee inbound traffic while Omani counterparts manage outbound flows. It remains unclear whether the United States has accepted the arrangement.
The catchIran has signalled it will demand concessions from Washington before fully reopening the strait. President Trump claimed on 4 August that discussions were progressing and the waterway would reopen soon, but Tehran has denied holding direct talks with the United States.
- Airspace status: As of 4 August, airspaces of Saudi Arabia, Kuwait, Bahrain, Qatar, UAE and Oman remain open despite conflict.
- Kuwait exception: Overflights through Kuwait FIR remain prohibited, forcing aircraft to route around the emirate.
- Saudi pressure: Crown Prince Mohammed bin Salman reportedly urged Trump on 1 August to de-escalate with Iran.