Iran and Oman Strike Hormuz Shipping and Revenue Deal as Washington Cries Foul
Background
The Strait of Hormuz, the narrow chokepoint through which roughly a fifth of the world's seaborne oil normally passes, has been at the center of global anxiety since the 2026 Iran war erupted on February 28, when U.S. and Israeli forces launched nearly 900 strikes in twelve hours against Iranian missile sites,…