Iran, Oman reach deal on Strait of Hormuz, revenues: IRGC
- Posted on August 26, 2026
- By Business News Today
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Iran, Oman reach deal on Strait of Hormuz, revenues: IRGC
Iran and Oman have struck a deal on Strait of Hormuz regarding their shared waters and how to split the revenue. The Revolutionary Guards announced these agreements, signaling a potential de-escalation of tensions in this crucial global shipping lane.
