In Brief…
- Iran and Oman are close to agreeing a new shipping route through the Strait of Hormuz, but reopening the waterway depended on the US addressing “the violations” of the Islamabad memorandum, Foreign Minister Abbas Araghchi said.
- The UAE said an Iranian missile targeted an ADNOC vessel transiting the Strait of Hormuz early Saturday, causing no injuries, and called on Tehran to halt attacks and reopen the strait “fully and unconditionally.”
- US Treasury Secretary Scott Bessent said a 30- to 60-day ceasefire with Iran could come within days, potentially reopening the Strait of Hormuz and lowering energy prices.
- Gen. Dan Caine, chairman of the Joint Chiefs, has privately urged the Trump administration to find an “off-ramp” from the war and raised doubts about further escalation, CNN reported.
- Iran and Oman are discussing a 60-day temporary shipping arrangement in Hormuz while negotiations continue on a permanent reopening and a broader nuclear agreement.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
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