[U.S. Official: Hormuz Strait Agreement Expected to Be 'Reached Soon'] According to Xinhua News Agency, a U.S. official stated that negotiations between Iran and Oman regarding the Hormuz Strait have 'made progress' and an agreement is 'expected to be reached soon.' The official said that once the agreement is reached and commercial shipping resumes in the Hormuz Strait, the U.S. will lift its maritime blockade on Iran. The official also reiterated that U.S. actions will continue to be based on Iran's actual fulfillment of its commitments.