Iran and Oman have advanced phased talks on Hormuz navigation corridors, mine clearance, and joint maritime services since early October 2026, including agreement on safe transit route coordinates, but Iran continues to condition any full reopening or lifting of its effective restrictions on U.S. fulfillment of broader commitments such as ending sanctions and its naval blockade of Iranian ports. Iranian forces have sustained attacks on unauthorized shipping to enforce route compliance amid the ongoing regional conflict, while U.S. enforcement actions target blockade runners. These dynamics tie any Iranian de-escalation to external diplomatic progress rather than a standalone bilateral accord, aligning with trader views that the blockade is unlikely to end first.