Tehran: Iran announced on Wednesday that it is in the "final stage" of drafting an agreement with Oman regarding the Strait of Hormuz. The announcement comes amid heightened tension and speculation about international involvement in the negotiations.

According to France24.com, Iran firmly denied any participation of the United States in these discussions, contradicting recent statements by former President Donald Trump, who claimed that a deal to reopen the crucial waterway was on the verge of completion. The negotiations between Iran and Oman are focused on ensuring the smooth operation and security of the Strait of Hormuz, a vital passageway for global oil shipments.

The discussions underscore the strategic importance of the Strait of Hormuz, through which approximately one-fifth of the world's oil supply is transported. Both Iran and Oman share a vested interest in maintaining stability in the region, which has been a point of contention in international relations. The exclusion of the US from these talks highlights the complex geopolitical dynamics at play, as regional players seek to assert their influence and control over this critical maritime chokepoint.