Iran has announced that it has reached an agreement with Oman regarding maritime transport through the Strait of Hormuz, according to a report by La República.
The claim suggests a potential de-escalation in one of the world’s most critical energy chokepoints, where shipping disruptions have long weighed on global oil supply chains.
Brent crude prices held steady in the session, reflecting investor skepticism toward the announcement.
Traders have grown accustomed to periodic claims of diplomatic progress from Tehran, many of which have failed to materialize into lasting operational changes.
Without independent verification or concrete details on the scope of the agreement, the market’s risk premium for Hormuz-related disruptions remains intact.
The development comes amid a broader arc of diplomatic maneuvering in the region.