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Iran and Oman Near Deal on Hormuz Strait Shipping

Iran and Oman are reportedly close to finalizing a temporary agreement concerning shipping traffic through the Strait of Hormuz. Iranian officials stated "significant progress" in talks, indicating that both inward and outward journeys would pass through Iranian waters. US President Donald Trump confirmed his administration was in contact with Tehran regarding the matter. Eight leading shipping organizations have warned that potential tolls on the strait could harm global livelihoods. The deal's specifics and its impact on broader US-Iran relations remain subjects of discussion.

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