US, Iran, Oman Near Strait of Hormuz Deal
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- Iran says its talks with Oman on reopening the Strait of Hormuz are proceeding "positively," with diplomatic efforts ramping up as of August 5, 2026.
- Marco Rubio reports "progress" in the US-Iran-Oman negotiations on the strait, aligning with Iran's own characterization of the discussions.
- Scott Bessent suggests a Strait of Hormuz agreement could be possible as early as "today or tomorrow," pointing to rapid diplomatic momentum.
- The Strait of Hormuz track involves three parties — Iran, Oman, and US officials — with both Tehran and Washington publicly signaling parallel movement toward a reopening framework.
Why it matters: A reopened Strait of Hormuz would directly restore flow through one of the world's most critical oil chokepoints, with Bessent's "today or tomorrow" timeline compressing the timeline for resolution. The fact that both Iranian and US officials are independently characterizing progress suggests a concrete framework is emerging — not just exploratory chatter.
