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5 Aug 2026, 02:39

"The U.S. is close to an agreement on Hormuz and plans to announce it on Wednesday"

Axios, machine translation:
According to two regional sources and one U.S. official, the U.S., Iran, and Oman are close to reaching a temporary agreement to reopen the Strait of Hormuz, and the U.S. intends to announce this agreement on Wednesday.

🔻 Why it matters:
The goal of this agreement, which has been negotiated for several weeks, is to resume the ceasefire between the U.S. and Iran and to restart negotiations over a nuclear deal.

▪️ President Trump decided on Saturday not to carry out his threats to initiate a large-scale bombing campaign to allow more room for diplomacy. However, if an agreement is not reached soon, Trump may agree to major attacks.

▪️ The emerging agreement will meet some of Iran's demands for greater control over traffic in the Strait of Hormuz; control that Iran did not have before the war.

🔻 The main news:
According to two regional sources, the discussed agreement creates a temporary 60-day mechanism between Oman and Iran in the Strait of Hormuz, which can also be extended.

▪️ All ships entering the Persian Gulf through the strait will pass through a northern route in Iranian waters.

▪️ All ships exiting the strait and heading to the Arabian Sea will pass through a southern route in Omani waters, coordinated with Iran.

▪️ No fees or charges will be collected during the 60-day period.

▪️ The parties will attempt to clear mines from the central route of the strait within 30 days.

▪️ After clearing the central route, this route will be used for ship traffic in both directions based on the provisions of a permanent mechanism that is to be negotiated between Oman and Iran.

🔻 Yes, but:
Three weeks ago, the White House, Oman, and regional mediators believed they had reached an agreement with Iran, but Iran resumed attacks on ships. This led to two weeks of clashes and a situation close to full-scale war.

🔻 Behind the scenes:
According to regional sources, in addition to negotiations between Oman and Iran, officials from Qatar, Pakistan, and Saudi Arabia were also involved in mediation efforts.

▪️ Regional sources said the White House was actively involved in the negotiations. In recent days, several calls took place between Steve Wittecuff, Trump's envoy, Abbas Araghchi, Iran's Foreign Minister, and Badr al-Busaidi, Oman’s Foreign Minister.

▪️ Two regional sources said Araghchi essentially agreed to the deal at the end of last week but still needed approval from Mojtaba Khamenei, the leader of the Islamic Republic of Iran, and the Supreme National Security Council.

▪️ A U.S. official and a regional source said Iran's leadership completed the approval process for the agreement on Tuesday.
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