Nordrift — 6 Aug 2026

Automatically composed with AI from the cited sources

Iran Says Deal With Oman on Hormuz Agreed in Principle

Iran's Deputy Foreign Minister Kazem Gharibabadi told state media that an understanding in principle has been reached on almost all raised issues, including the map for maritime traffic entry and exit routes. The arrangement may remain valid for two to four months. He cautioned the bilateral deal with Oman "does not mean the full reopening of the Strait of Hormuz," and Tehran insists the US is not party to the agreement, linking normalization to Washington lifting its blockade on Iranian ports. President Trump repeated a deal is imminent, but any arrangement requires approval from Supreme Leader Mojtaba Khamenei, with whom communication is "very difficult at the moment," according to President Pezeshkian. Brent crude traded up 1% at $80.21 a barrel. Macro

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