Iran reports that a new Strait of Hormuz shipping route has been agreed upon with Oman. Efforts to alleviate tensions in the Middle East advanced on Wednesday following this announcement, which aims…

Iran reports that a new Strait of Hormuz shipping route has been agreed upon with Oman. Efforts to alleviate tensions in the Middle East advanced on Wednesday following this announcement, which aims to reopen the Strait of Hormuz and has raised expectations for further developments.