HEADLINES IN BRIEF

- Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said  - READ MORE

- Donald Trump says the US has cleared the Strait of Hormuz of all mines - READ MORE

- Israel strikes tent for displaced people in Gaza, killing one, health officials say

- Traffic at Dubai's airport has dropped sharply since start of Iran war

- Germany ends military mission in Iraq's Kurdish region 

IN DETAIL

Iran, Oman continue Strait of Hormuz talks

Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards said the two countries had agreed how to share the waterway and its revenues.

The elite force's spokesperson, echoing Tehran's official stance, also said the strait would not open unless the US met Tehran's conditions under an interim ceasefire agreement that was struck in June before unravelling. Those conditions include an end to the US blockade on Iranian ports, compensation and removal of sanctions.

Iran and Oman have held on-and-off talks for weeks about controlling traffic through the strait, which handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.

Most shipping has since been shut down, driving global energy prices higher, as Tehran and Washington have tried to assert control over the channel, imposing separate blockades.

"An agreement with Oman over the Strait of Hormuz has not been finalised," the senior Iranian source told Reuters, adding that the talks were continuing on the details of an accord.

A spokesperson for Iran's Islamic Revolutionary Guard Corps (IRGC) said Iran and Oman had reached an agreement on their shares of the territory and revenues.

"The Strait of Hormuz belongs to Iran and the country of Oman... We have been in negotiations with Oman for about a month, and we have reached results that are acceptable to both sides," Hossein Mohebbi said in comments published by Iranian state media.

"In these negotiations, agreements have been reached regarding the share of each country in the waters of the Strait and the share of Iran and Oman in its revenues," he added.

It was not immediately clear at what stage of the negotiations the agreements had been reached. Iran had said earlier this month that a deal on the strait was close.

Following talks on Tuesday between Iran and Oman, Omani Foreign Minister Badr Albusaidi said he was "hopeful we will soon announce a temporary corridor for the Strait of Hormuz and practical arrangements to restore safe navigation".

Trump says Strait of Hormuz free of mines

US President Donald Trump said on Tuesday that all mines had been detonated or removed from international waters of the Strait of Hormuz and that Iran has been told that any ship or boat placing new mines will be destroyed.

In a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a key waterway in the global energy supply chain.

"There is a Zero Tolerance policy on mine placement in full force and effect," Trump said.

The US and Iran have not conducted air strikes on each other's militaries for weeks, but attacks on vessels in the Strait of Hormuz have continued as the two sides vie for control of the narrow maritime passage.

Oil transits through the strait were at 5 million barrels per day on Monday, provisional data from shiptracker Vortexa showed, down from more than 20 million per day before the war or about one of every five barrels consumed worldwide.