Iran, Oman edge toward Strait of Hormuz reopening plan, but Tehran demands U.S. lift blockade
The two nations, which lie on opposite sides of the vital, narrow waterway, discussed a proposal to temporarily reopen it and clear mines.
Last updated: 2026-08-27 08:02:25 ET
The two nations, which lie on opposite sides of the vital, narrow waterway, discussed a proposal to temporarily reopen it and clear mines.
The price of Bitcoin has risen in August but is still far below its peak almost a year ago - and companies are refitting their mines.
Iran has closed the vital waterway since the beginning of the conflict causing wild fluctuations in oil prices worldwide.
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