Strait of Hormuz: A Deal in the Making, but Whose Terms?
The Strait of Hormuz, a critical waterway connecting the Persian Gulf to the Arabian Sea, has been at the center of a contentious dispute between Iran and its adversaries for months.
The latest development is an agreement between Oman and Iran to establish a route for ships transiting the strait. However, this progress may not be enough to alleviate tensions in the region.