[Iran: 'Within Days' to Reach Hormuz Strait Navigation Agreement with Oman] BlockBeats News, September 7, according to Bloomberg, Iranian Foreign Ministry spokesperson Esmail Baghaei stated on Monday that the agreement between Iran and Oman on managing navigation in the Hormuz Strait has entered its final stage and is expected to be completed within days. The two sides plan to establish a temporary safety corridor and submit the relevant arrangements to the International Maritime Organization for record. Baghaei noted that the negotiations between the two parties are progressing 'very smoothly' and expressed hope that there would be no interference from third parties. If the agreement is implemented, it could facilitate the passage of more oil tankers and commercial ships through this globally critical energy transportation corridor and reduce the risk of Iranian attacks on shipping. Currently, approximately 7 million barrels of crude oil and refined products pass through the Hormuz Strait daily, significantly lower than the pre-conflict level of about 20 million barrels per day. However, Iran and Oman’s efforts to strengthen management of the strait’s navigation may also indicate further consolidation of Iran’s actual control over this key passage. The United States, on the other hand, hopes to restore the pre-conflict free navigation status of the Hormuz Strait, highlighting the clear divergence in positions between the two sides. The U.S.-Iran conflict has now entered its seventh month, and the blockade of the Hormuz Strait continues to drive up crude oil, fuel, and natural gas prices, exacerbating global inflationary pressures. Meanwhile, U.S. diesel prices have reached historic highs, and rising energy costs are placing greater political pressure on the Trump administration. [Original Link]