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Iran seeks to bar US ships as Hormuz deal with Oman advances

Other details include a proposed ban on cargo related to Israel and a fee structure covering services like insurance and environmental costs.

South China Morning Post World By Bloomberg Captured Aug 7, 2026, 1:21 AM
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Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they are allowed to use it, according to local media reports on a proposed Iran-Oman deal to manage the crucial waterway.

The agreement has become key to expectations for a reopening of Hormuz and a resumption of energy flows that have been throttled since the US and Israel attacked Iran in February.

The text is now under review in Iran’s parliament, the semi-official Fars news agency said.

Fars reported other details including a proposed ban on cargo related to Israel, and a fee structure covering services like insurance and environmental costs.

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