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The Economic Times

Top News / The Economic Times

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US-Iran-Oman near interim deal to reopen Strait of Hormuz: Report

The United States is nearing an interim agreement with Iran and Oman. This deal aims to reopen the Strait of Hormuz and restore a ceasefire. The arrangement will govern maritime traffic through the strait for sixty days. Naval mines will be cleared from a key shipping lane within thirty days. This development follows President Trump's decision to pursue diplomacy over military action.

5 Aug 2026 9:08 am