An Iranian source familiar with the direct Iran-Oman talks has told CBS News the discussions between Tehran and Muscat are now focused largely on the mechanics of reopening the Strait of Hormuz, reports CBS; notes broad outlines have largely been agreed

Under the current proposal, ships entering the strait would use the channel closest to Iran, with Iran coordinating inbound traffic, while vessels leaving the strait would use the Omani side, with Muscat managing outbound traffic. The proposal also includes a "service fee," with the revenue split between Iran and Oman. According to the source, the broad outlines have largely been agreed upon, with the remaining discussions focused on implementation and timing.