Proposed Iran-Oman Deal May Grant Tehran Control Over Strait of Hormuz Traffic

A proposed deal between Iran and Oman, intended to resolve the US-Iran conflict, could potentially grant Tehran control over inbound traffic through the Strait of Hormuz. This development has already influenced global oil prices and the US dollar. While US President Trump indicated an imminent deal to reopen the strait, US officials have consistently opposed Iranian control over this crucial energy trade route.