Tehran: (RightNow) Iran and Oman have agreed on a temporary maritime route for commercial ships in the Strait of Hormuz. Iran states that a full restoration decision is yet to be made.

According to an Iranian official, this temporary route is established for limited maritime traffic. The decision follows negotiations between Iran and Oman.

Iran has clarified that the full restoration of the Strait of Hormuz depends on the conditions of the interim peace agreement with the US. The completion of US responsibilities in the June agreement is essential.

The Strait of Hormuz is one of the world’s key maritime passages, through which Persian Gulf oil is transported. Disruptions in this passage could impact global trade and oil prices.

It is noteworthy that recent negotiations have led to a decrease in oil prices. Investors are hopeful that the Strait of Hormuz may reopen.