Channel 12 reports that Iran and Oman are on the verge of an agreement that would fully reopen the Strait of Hormuz, claiming that it could be signed as soon as tonight.
The US is not directly involved in the negotiations, but the US special envoy has been in regular contact with the foreign ministers of Iran and Oman.
The deal coming together would see the reopening of the Strait of Hormuz for 60 days, with the possibility for extensions.
The ceasefire between the US and Iran would be renewed.
Vessel traffic entering Hormuz toward the Gulf will pass through the Iranian side of the strait, while traffic exiting the channel toward the Arabian Sea will use the Omani side.
During the 60-day period, no tolls will be charged by any side.
During the first 30 days, the parties will work to clear mines from the strait — something that may well take longer, given that there are an estimated 70 to 100 explosive devices planted in Hormuz.
After the main lane of the strait is cleared, it will be used for both incoming and outgoing vessel transit.
Oman and Iran will use the 60-day period to negotiate a permanent arrangement for ship traffic through the Strait of Hormuz.
While the deal doesn’t give Iran everything that it wanted, it still gives it a degree of control over the strait — something that it did not have before the US and Israel launched a war against the Islamic Republic in February.
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