Iran and Oman are edging toward a breakthrough deal to reopen shipping through the Strait of Hormuz, amid rising tensions and accusations of attacks on vessels. Iran demands compensation for alleged U.S. violations and an end to sanctions and threats, while the UAE condemns recent incidents it blames on Iran — labeling them “piracy.” Despite these hurdles, Iran’s president sees hope for a deal, and Oman praises progress in talks. The U.S. welcomes potential normalization of oil traffic, but with Iran escalating attacks on U.S. targets and allies elsewhere, the future of this vital chokepoint remains uncertain.
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