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. Bloomberg's Michael Heath breaks down what we know so far about the possible deal.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-06/what-we-know-about-iran-s-hormuz-agreement-with-oman-video)