Iran's Islamic Revolutionary Guard Corps said Iran and Oman had reached understandings over their respective waters in the Strait of Hormuz and how revenues from the waterway would be divided. The announcement on August 26 followed talks in Tehran between the countries' foreign ministers, but did not amount to a completed agreement to reopen the strait.
Guards spokesperson Hossein Mohebi said negotiations had produced agreements concerning each country's share of the water and of any associated revenue. He did not provide percentages, a fee structure or details about how income would be collected and distributed. Mohebi accused the United States of obstructing efforts to finish a deal.
Iranian Foreign Minister Abbas Araghchi and Omani Foreign Minister Badr Albusaidi met on August 25. Their discussions covered a framework for a temporary shipping corridor and a project to clear mines from the waterway. Iranian officials have said the geographical coordinates of the envisaged route were agreed, while acknowledging that work toward a permanent navigation system remained under way.
Hormuz has been blockaded by Iran since war with the United States began on February 28. Washington responded with a naval counter-blockade of Iranian ports and has threatened additional sanctions. In ordinary conditions, the strait carries about one-fifth of the world's oil and liquefied natural gas exports, so restrictions have consequences for shippers, energy markets and importing countries.
A central disagreement concerns Iran's demand to charge vessels for passage. Washington rejects any arrangement it sees as legitimising Iranian control over the strait. Tehran says it will not fully reopen the waterway until the United States lifts its naval blockade, removes oil sanctions and releases Iranian assets frozen abroad. Mohebi repeated that reopening depended on those demands being met.
The revenue-sharing statement suggests Tehran and Muscat have moved beyond general support for a corridor to questions of jurisdiction and financial management. It does not establish that Oman endorses every Iranian condition, and the supplied evidence contained no separate Omani confirmation of the Guards' description of revenue terms. The foreign ministers' discussions and Iranian statement are therefore evidence of movement in negotiations, not proof of a settled regime.
Any durable arrangement would have to reconcile the two coastal states' roles, commercial access, mine clearance and the competing military positions of Iran and the United States. Until those issues are resolved, the proposed revenue division remains one component of a broader and contested attempt to restore navigation through a globally important chokepoint. Confirmation from Oman and publication of the proposed terms would be necessary to assess how much common ground the negotiations have actually produced.
