Chokepoint Data · the Strait of Hormuz crisis

US, Iran and Oman reported close to deal to reopen Hormuz

2026-08-05 · diplomatic · major

Axios reported the US was nearing an Oman-mediated deal to reopen the Strait of Hormuz; Trump said an agreement could come within days and Treasury Secretary Bessent called a deal imminent. Iran said it and Oman had agreed the geographic coordinates of a shipping arrangement routing inbound traffic through Iranian waters and outbound traffic through Omani waters under a 60-day framework.

Brent next close +0.2% · +7 days +7.9% · transits 4.4 → 3.8 per day · barely moved — smaller than 92% of pre-crisis days

Sources

Axios · CNBC · Euronews

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Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt

https://chokepointdata.com/event/2026-08-05-us-iran-and-oman-reported-close-to-deal-to-reopen-hormuz/