Iran and Oman have advanced a bilateral framework for a temporary joint navigation corridor and mine clearance in the Strait of Hormuz, with recent statements from Iranian and Omani officials indicating near-final technical details on routes and revenue shares. Tehran has repeatedly conditioned any full reopening or lifting of the U.S. naval blockade on fulfillment of seven demands tied to the June Islamabad memorandum, including sanctions relief and asset releases, which Washington has not accepted. This sequencing keeps the blockade in place despite progress on the Iran-Oman side, as Iranian leaders including President Pezeshkian and parliamentary figures have stressed that the Hormuz agreement establishes mechanisms but does not trigger passage restoration. Ongoing Iranian naval actions against unauthorized shipping further signal that trader consensus views an independent blockade lift as the higher hurdle.