Financial Ports

Strait of Hormuz deal: Iran and Oman split control—but US holds the key

CLAVE 1 / 4Iran and Oman have agreed on control and revenue-sharing for the Strait of Hormuz, a critical global energy chokepoint.

CLAVE 2 / 4The deal includes a temporary shipping corridor and mine-clearing efforts, but the US must still approve Iran’s conditions for full reopening.

CLAVE 3 / 4Before the February conflict, one-fifth of global oil and LNG shipments passed through the strait—now largely closed since the war began.

CLAVE 4 / 4Iran’s Revolutionary Guards spokesman Hossein Mohebbi warns: "The Strait will not reopen" unless the US accepts Tehran’s demands.

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