The Hormuz Report(@HormuzReport):BREAKING: Iran has openly defied Trump adminstration's claim that the Strait of Hormuz will reopen tomorrow, signing a joint agreement with Oman that formalizes Tehran's control over inbound traffic and maritime service fees — while excluding Washington entirely, per NYT. The agreement establishes that inbound vessels will navigate a corridor within Iranian waters and pay service fees shared with Oman, while outbound traffic will use a lane closer to Oman but remain under Iranian supervision and intervention authority. US Treasury Secretary Bessent claims a deal with Iran could be announced as soon as tomorrow and says it would reopen the Strait. Oil dropped on the announcement.

2026.08.04 13:20

BREAKING: Iran has openly defied Trump adminstration's claim that the Strait of Hormuz will reopen tomorrow, signing a joint agreement with Oman that formalizes Tehran's control over inbound traffic and maritime service fees — while excluding Washington entirely, per NYT. The agreement establishes that inbound vessels will navigate a corridor within Iranian waters and pay service fees shared with Oman, while outbound traffic will use a lane closer to Oman but remain under Iranian supervision and intervention authority. US Treasury Secretary Bessent claims a deal with Iran could be announced as soon as tomorrow and says it would reopen the Strait. Oil dropped on the announcement.

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