62 India-bound ships sail safely through Hormuz as India strengthens maritime safety measures; Iran, Oman reportedly near reopening deal

The government has strengthened maritime safety through updated advisories, a 24x7 control room, the eNavik portal, and close coordination with the Indian Navy, MEA and international maritime agencies.

Oil prices slide toward weekly loss as Iran-Oman Hormuz talks stall

Fee disputes and U.S. sanctions concerns are complicating a proposed deal to reopen the strait, through which a fifth of global oil normally flows

Iran and Oman are working on a plan to reopen the Strait of Hormuz, and other Mideast developments

A cargo ship reports it has been hit by a projectile off the coast of Oman in the Strait of Hormuz. The United Kingdom Maritime Trade Operations Center says the report came overnight.

Iran, Oman in final stages on Strait of Hormuz deal

Iran and Oman are in the final stages of a joint agreement to manage commercial shipping in the Strait of Hormuz, the Iranian foreign ministry said.