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Iran, Oman Agree to Jointly Control Strait of Hormuz

8/26/2026

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Story summary
  • Iran and Oman agreed to jointly control the Strait of Hormuz and share revenue.
  • Islamic Revolutionary Guard Corps said the strait will stay closed until the United States meets its cease-fire conditions.
  • Tehran demands ending the U.S. port blockade, compensation and removal of sanctions.
  • Omani Foreign Minister Badr Albusaidi expects a temporary navigation corridor to be announced soon.
  • Iran blacklisted 45 ships to halt ship-to-ship transfers that evade its blockade.