Iran has agreed to establish a direct hotline with the United States to prevent misunderstandings in the Strait of Hormuz.
The move comes as shipowners face conflicting operational guidance from both Tehran and Washington, creating uncertainty for vessels transiting the critical waterway.
The agreement signals a potential de-escalation in shipping risk, which has weighed heavily on energy markets and freight rates.
By creating a direct line of communication, both sides aim to reduce the likelihood of accidental confrontations that could disrupt global oil flows.
This development follows recent reports of a draft agreement between the US and Iran that includes provisions for the immediate reopening of the Strait of Hormuz and a temporary lifting of oil sanctions against Tehran.
A senior Iranian official confirmed the details of the draft, suggesting a broader diplomatic thaw may be underway.