West Asia war LIVE: Iran-Oman diplomatic engagement on Hormuz enters new phase, reports Iranian media

Banners depicting Iran's late Supreme Leader Ayatollah Ali Khamenei and Iran's Supreme Leader Mojtaba Khamenei hang during the Arbaeen rally in Tehran, Iran. File | Photo Credit: Reuters Amid diplomatic engagements between Washington and Tehran to reopen the Strait of Hormuz, U.S. Treasury Secretary Scott Bessent on Tuesday (August 4, 2026) signalled a possible breakthrough in talks with the Islamic Republic, noting that the agreement to reopen the strategic waterway could be reached “today or tomorrow”.Read | New talks ‘last chance’ for Iran to forge deal, avoid escalation of U.S. strikes: TrumpSpeaking during an interview with CNBC, Mr. Bessent said the development comes on the heels of the threats issued by U.S. President Donald Trump’s last week on Iran, which he described as one of the largest potential military campaigns since World War II.Also read | What’s at stake in the latest U.S.-Iran talks?Mr. Bessent’s remarks come as a positive turn towards diplomacy after Washington’s slew of heightened rhetoric amid the pause of hostilities with Tehran following days of strikes by the U.S.Follow the live for more updatesAugust 05, 2026 09:17 Iran-Oman diplomatic engagement on Hormuz enters new phase, reports Iranian media Talks between Iran and Oman on the Strait of Hormuz have entered a new phase, a top Iranian official told state broadcaster Press TV.Press TV reported on Tuesday (August 4, 2026) that continued Iran-Oman Hormuz talks reflect Tehran’s diplomatic engagement.The official further noted that the understanding with Oman on Hormuz is within reach if U.S. stops interference.According to the Iranian state broadcaster, the official said that the talks revolve around a new corridor to secure passage of ships via the critical energy chokepoint.Read moreANI Published - August 05, 2026 09:17 am IST