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Iran says deal on Strait of Hormuz is close but not enough to open the waterway
- Iran and Oman say they are "very close" to a deal on a new shipping route through the Strait of Hormuz, but Iran ties reopening to wider demands on the U.S. (sanctions, compensation and an end to hostilities).
- The UAE reported a UAE-affiliated carrier was hit by a missile in the strait — ship attacks continue, though there were no reported injuries or major environmental damage.
- The disruptions (tolls, strikes on vessels and a U.S. blockade) have rattled global energy shipments and pushed up prices, with Washington linking any reopening to Iran meeting conditions.
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