Iran and Oman have convened their first joint committee meeting on the management of the Strait of Hormuz since Tehran and Washington signed a preliminary agreement to end hostilities in the Middle East.
The talks, held in Muscat, signal a shift from confrontation to coordination on one of the world’s most vital energy transit routes.
Iran’s deputy foreign minister, Kazem Gharibabadi, confirmed the meeting on X, noting it was the inaugural session of the bilateral Hormuz committee.
The development follows a period of intense uncertainty in the Gulf, where fears of disruption had kept a significant risk premium on energy and freight prices.
The Strait of Hormuz remains a critical artery for global oil and gas flows, with roughly a fifth of the world’s oil consumption passing through the narrow waterway daily.
Any sustained instability in the region has historically triggered sharp spikes in Brent crude and tanker freight rates.