Iran says deal with Oman to manage shipping through Hormuz is close

Iran is nearing a deal with Oman to manage shipping through the Strait of Hormuz, a critical maritime route that could help prevent escalation of tensions between the U.S. and Iran. The agreement, if finalized, aims to establish a coordinated approach to maritime security, which is crucial in avoiding potential conflicts that could disrupt global oil supplies. This diplomatic effort highlights the importance of regional cooperation in maintaining stability and ensuring safe passage for international trade.