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Iran and Oman discussed a temporary navigational corridor for traffic through the Strait of Hormuz.
Iranian officials said the route would be limited to commercial vessels in specific Iranian and Omani waters.
A senior Iranian official said the arrangement does not mean the strait is being reopened.
The reporting says the strait remains militarily closed and that the military and the IRGC helped plan the route.
Why it mattersExploring alternative shipping routes could alter regional trade stability and impact global energy supplies.
More context
The talks come as U.S. pressure on Iran continues and diplomatic efforts remain stalled.
One report also says oil prices fell about two percent on the news, while another noted a tanker was disabled near Oman.