Badr bin Hamad Al Busaidi

The deal was announced by Iranian Foreign Minister Abbas Araghchi at the United Nations General Assembly (UNGA) on Friday

Diplomacy suffers blow with delay in meeting on Strait of Hormuz plan

Both benchmarks had initially climbed more than 3 per cent after markets opened, reported Reuters

Diplomacy suffers blow with delay in meeting on Strait of Hormuz plan

Oman defers Iran-Gulf talks amid push for regional consensus and stability

The top diplomats of the two countries met to discuss managing commercial shipping traffic in the vital waterway, which remains largely shut down nearly six months after the Iran war began

Treasury Secretary Scott Bessent declared an “economic D-Day” against Tehran but gave no timeline or details on countries that could face penalties

Brent traded near $86 a barrel, taking its decline this week to almost 9 per cent, while West Texas Intermediate was near $80

Iran and Oman are set to hold fresh talks on reopening the Strait of Hormuz as Tehran faces mounting U.S. economic pressure

Iran and Oman are set to hold fresh talks on reopening the Strait of Hormuz as Tehran faces mounting U.S. economic pressure

Iran warns sustained naval pressure risks wider war as Oman advances strait plan

US will use frozen Iranian assets to cover damages from shipping attacks in Hormuz: Trump

The future of the global economy once again rests on an 100-mile strip of water sandwiched between the Persian Gulf and the Sea of Oman

The model is based on voluntary contributions to fund navigational services rather than compulsory transit tolls

Iranian Foreign Minister Abbas Araghchi and Omani Foreign Minister Badr al-Busaidi, on Saturday met to discuss arrangements for naval passage through the Strait of Hormuz under the US-Iran memorandum, IRNA reported

Omani Foreign Minister Badr al-Busaidi proposes two-corridor solution for Strait of Hormuz; Iranian Foreign Minister Abbas Araghchi unable to approve it

Omani Foreign Minister Badr al-Busaidi proposes two-corridor solution for Strait of Hormuz; Iranian Foreign Minister Abbas Araghchi unable to approve it

The conversation underscored the importance of maintaining diplomatic dialogue at a time when the region faces heightened uncertainty and growing international attention

Hormuz is a narrow stretch of water separating Iran and Oman that is only about 30 kilometres (18 miles) wide

They also urged all parties to abide by international law and the UN Convention on the Law of the Sea to ensure regional security and stability and safeguard the interests of all countries

They also urged all parties to abide by international law and the UN Convention on the Law of the Sea to ensure regional security and stability and safeguard the interests of all countries

Washington threatens to 'blow up' Gulf ally Oman over dialogue on Hormuz

Iran-US war latest: Trump says ceasefire on ‘massive life support’ after Tehran hit back at president’s outburst

Maritime bodies warn prolonged closure risks humanitarian and economic fallout

Shipping traffic has dropped dramatically, with only a trickle of vessels transiting despite intermittent ceasefire announcements

The development follows intense diplomatic maneuvering and repeated threats from President Donald Trump, who set a Tuesday 8 p.m. ET deadline for Iran to reopen the waterway or face devastating strikes on its power plants, bridges and other infrastructure

Trump pushes out deadline for bombing Iran’s energy plants by 10 days

Trump Delays Iran Power-Plant Strikes for Five Days

That very scenario is now unfolding, leaving Trump with no exit strategy beyond wishful thinking

Largest takeout of a navy since WWII: Trump says other countries must now secure Hormuz

Three weeks later, the prospect of a drawn-out war is causing mounting economic problems

Netanyahu agrees to 'hold off' attacks on Iranian gas fields after Trump request Israeli Prime Minister Benjamin Netanyahu speaks during a press conference in Jerusalem

Netanyahu agrees to 'hold off' attacks on Iranian gas fields after Trump request Israeli Prime Minister Benjamin Netanyahu speaks during a press conference in Jerusalem

Iran's Islamic Revolutionary Guard Corps (IRGC) said its latest wave of strikes targeted areas in central and southern Israel, including Tel Aviv, as well as US military bases across the region, Al Jazeera reported, citing the IRGC-linked Fars news agency

The price of Brent crude climbed as high as $119 a barrel and European gas prices briefly surged by 35 per cent after Iran pounded Qatar’s Ras Laffan energy hub and other Middle Eastern oil and gas infrastructure with missiles

The remarks come after Iran launched ballistic missile strikes on Ras Laffan Industrial City, targeting what is considered the world’s largest liquefied natural gas facility

Of all the Gulf countries, Oman was the most vocal and publicly proactive in trying to halt a US attack on Iran, although other states — including the UAE and Qatar — also worked hard to find diplomatic solutions and warned Trump that a war would be devastating for the region

Israel attacked Iran’s South Pars natural gas field on Wednesday, then Tehran launched a retaliatory strike on a major energy complex in Qatar

Of all the Gulf countries, Oman was the most vocal and publicly proactive in trying to halt a US attack on Iran, although other states — including the UAE and Qatar — also worked hard to find diplomatic solutions and warned Trump that a war would be devastating for the region

Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani has commended Qatari citizens and residents for their unity during “repeated attacks from Iran”, while committing to ensuring that the lives of everyday people in the country are not disrupted

Russian FM Sergey Lavrov and Saudi FM Faisal bin Farhan called to prevent further Mideast escalation

Israel Strikes Regime Command Centers in Tehran

UAE Denies Role in Iran War, Cites De-escalation Policy

Beijing is an unentangled superpower—but one with key interests at stake

Qatar has suspended liquefied natural gas (LNG) production after two Iranian drones struck energy facilities operated by state-owned QatarEnergy

Smoke rises near the US Embassy in Kuwait after a reported Iranian drone attack, as a US Air Force F-15 fighter jet crashes in western Kuwait amid escalating Middle East tensions; unverified videos of both incidents circulated widely on social media

Bayramov expressed serious concern over the sharp deterioration of the security situation in the region and extended condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei and the loss of innocent civilian lives

Explosions rock Abu Dhabi as Iranian missiles trigger emergency alerts, one person is killed by falling shrapnel, and Dubai’s iconic Fairmont The Palm suffers blast damage with multiple injuries reported

More than half of Americans are scared by the prospect of a war with Iran — and only 1 in 3 back the use of force as the Trump administration inches closer to military action against the Islamic Republic

They can accept the remarkably low bar President Donald Trump set in his State of the Union address on Tuesday—or risk a war that could quickly become a justified effort to topple their vile and dangerous regime

Trump wants a deal to constrain Iran’s nuclear program, and he sees an opportunity while the country is struggling at home with growing dissent following nationwide protests