Iran said it had reached an agreement with Oman on a plan to reopen shipping routes through the Strait of Hormuz, a key global oil transit route, as tensions with the US continued. The proposed arrangement would establish a shipping route through the strait, though Iran said the deal would not guarantee security without broader conditions being met.

The development came after President Donald Trump warned that Iran could face further attacks if the waterway was not reopened. The US and Iran have been involved in escalating tensions linked to the strait, with the disruption of shipping raising concerns about global energy supplies.

While the agreement with Oman could reduce pressure on energy markets, uncertainty remains over whether the deal will be implemented and whether it will lead to a broader diplomatic resolution between Washington and Tehran, according to Reuters.