Iran signals Strait of Hormuz deal close, but ceasefire dispute lingers

Iran announced Saturday that it is nearing an agreement with Oman over control of the Strait of Hormuz but warned that its reopening would depend on other conditions, including compensation from the U.S. to Iran. The emerging deal would establish a new framework for managing traffic through the critical shipping corridor, where Iran has restricted...

Iran announced Saturday that it is nearing an agreement with Oman over control of the Strait of Hormuz but warned that its reopening would depend on other conditions, including compensation from the U.S. to Iran. The emerging deal would establish a new framework for managing traffic through the critical shipping corridor, where Iran has restricted...