Iran and Oman negotiate temporary shipping corridor through Strait of Hormuz, six months after strategic waterway became paralysed by conflict.
Iran and Oman negotiate a mine-clearing plan and temporary corridor for the Strait of Hormuz, but Tehran warns it will not reopen unless the US ends the war.
Six months into Middle East war, Strait of Hormuz remains largely paralysed with thousands of sailors stranded and traffic drastically reduced.
Iranian President Pezeshkian says Tehran should end war with US now whilst in position of power and dignity.
Oil prices rise as Trump refuses to extend Iran truce, threatening crucial shipping routes and stoking inflation concerns worldwide.
Trump denies talks with Iran are under way, posts map claiming Strait of Hormuz as new US territory amid escalating tensions.
Vessel struck in strategic waterway as Trump threatens Oman over Iran deal while diplomatic talks continue amid escalating regional attacks.
The US has shifted its Iran war priority from nuclear weapons to lowering petrol prices as Tehran controls Strait of Hormuz.
Oil prices climb and markets stumble as US-Iran talks stall, raising inflation fears and questions about interest rate policy.
Trump warns Iran will be hit hard if Hormuz strait remains closed, though deal could come within days.