Geopolitics
Iran-Oman deal on Strait of Hormuz ‘doesn’t matter’ as Trump controls blockade, reports NY Post citing US official; the deal, which an IRGC spokesman claimed was reached on Wednesday, remains subject to internal approval in Iran and lacks US recognition
StockNow breaking-news AI analysis
A US official dismissed the Iran-Oman Hormuz deal as irrelevant due to Trump's blockade control, while the US continues enforcing Operation Economic Outcast against Tehran.
News detail
President Trump previously threatened to target Oman if it proceeded with a tolling agreement with Tehran, while Treasury Secretary Scott Bessent continues to implement "Operation Economic Outcast" to pressure Iran's economy.
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