Iran and Oman are close to reaching an agreement to restore commercial maritime traffic through the Strait of Hormuz, The New York Times reported Monday, citing Iranian and US officials, Anadolu reports. Under the potential deal, the report said, vessels entering the Gulf would travel through a shipping channel controlled by Iran and close to its coast, while outbound traffic would use a channel near Oman. They added that the revenue would be shared equally between Iran and Oman. The New York Times also reported that some Iranian officials questioned whether the agreement would function as intended and prevent another round of US attacks. READ: Iran says talks with Oman on Strait of Hormuz ‘nearing completion’