Strait of Hormuz Deal? Iran, Oman Discuss 'Interim' Reopening of Shipping Corridor

Iran and Oman announced an interim framework for a temporary maritime corridor and mine clearance to restore safe navigation through the Strait of Hormuz, with further talks on a permanent solution expected within 30-60 days. The plan directly contradicts US claims that the strait is clear of mines and leaves open whether Gulf countries or the US will support Iran/Oman management. Bloomberg's Abeer Abu Omar notes the positive development is already contributing to a three-day drop in Brent crude below $90. - Iran and Oman announce a temporary joint maritime corridor and demining plan for the Strait of Hormuz. - Further negotiations for a permanent Hormuz solution are expected within 30-60 days. - The framework includes mine removal, contradicting President Trump's claim that the strait is clear of mines. - The joint statement hints Gulf countries may be included in wider discussions. - A US report suggests diplomats may return to Middle East embassies, implying no military escalation. - Brent crude has fallen over three days below $90 on the positive supply-development news.