The United States, Iran, and Oman are approaching an interim agreement that would grant Iran de facto control over incoming traffic through the Strait of Hormuz, according to reporting from Axios correspondent Barak Ravid cited by Kikar HaShabbat. The accord grants Iran formal control, with U.S. approval, over access to the Strait for incoming vessels. Outgoing ships leaving the Gulf will pass through Omani waters "in coordination with Iran," granting Tehran indirect control over exit traffic as well. Oman and Iran will conduct negotiations on a permanent arrangement governing future ship traffic through Hormuz. The agreement represents Iran's core strategic objective: formal recognition of its right to regulate Strait access and monetize that access by charging vessels for passage.