Strait of Hormuz tolls would harm livelihoods worldwide, shipowners warn

Eight leading shipping organisations sign letter opposing fees in critical waterway.

Reached agreement with Oman on shipping route through Hormuz: Iran

Iran’s latest announcement on Hormuz comes after months of deadlock between the US and Tehran over how to conclude the war, with control over shipping.

Iran and Oman close to Hormuz plan but await US agreement

Iran and Oman have agreed a route for ships transiting the Strait of Hormuz even as fresh security incidents highlighted continued risks for regional shipping.

Iran says close to Hormuz plan with Oman, but reopening depends on US

TEHRAN, Iran (AFP) -- Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and were finalizing arrangements for jointly managing the strategic waterway, Tehran said Wednesday, even as fresh security incidents highlighted continued risks for regional shipping. The agreement would be a step towards reopening the key energy route, but official sources briefing Iranian media stressed that any easing still hinged on Washington ending its own naval blockade of Iran's ports. Iran

By The Korea Herald

Iran warns Gulf states any US strike will trigger retaliation across its assets in the region

Saudi leader Mohammed bin Salman urges US president Donald Trump to delay attack, seek ceasefire and return to negotiations

By Parisa Hafezi and Samia Nakhoul

Iran threatens to hit Gulf states if U.S. launches new strikes

Iran has warned that any new U.S. attack on its territory would trigger retaliation against critical energy infrastructure across the region.

Oil prices slip as Iran cites progress with Oman on Hormuz agreement

Oil prices trended ​lower on Thursday on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a U.S.-Iran ‌peace deal and progress on reopening the Strait of Hormuz.

By Abubakar Ibrahim