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World · 26 August 2026

Iran's Revolutionary Guards say Tehran and Oman reach Hormuz revenue deal

Iran's Revolutionary Guards say Tehran and Oman reach Hormuz revenue deal

Photo by Planet Volumes on Unsplash

The semi-official Tasnim news agency reported the diplomatic breakthrough on Wednesday after a long period of stalled discussions. A spokesperson for the elite military force claimed that Washington has repeatedly obstructed these regional negotiations. Both governments finally reached a formal accord regarding their respective shares of the neighbouring waterway and its associated financial earnings.

Reported by Reuters · How we write briefs

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