Iran said it reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Both sides have been talking for days about how to manage the Strait. A joint statement is being reviewed.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-05/iran-says-agreement-reached-with-oman-on-hormuz-shipping-video)