The United States and Iran are nearing an agreement, which could include a ceasefire, the reopening of the Strait of Hormuz, and a deferral of nuclear and sanctions issues.
Washington has deployed numerous search assets, but has not been able to confirm that Tehran has laid mines in the Strait of Hormuz, according to US officials.
US and Iranian delegations have reportedly agreed to extend a ceasefire and reopen the Strait of Hormuz, but President Trump has not yet approved the deal, according to Reuters.
President Trump's 'blow away' warning reflects concerns over Iran's intention to involve Oman in establishing a mechanism to control and levy fees on the Strait of Hormuz.
President Trump announces he will "blow away" Oman, a United States ally in the Middle East, if the country seeks to cooperate with Iran to control Hormuz.
Brent and WTI oil prices dropped 6-7% in the first session of the week, driven by investor optimism that the US and Iran are nearing a peace agreement.
Iran has published a map depicting an area covering parts of the waters off the coasts of the UAE and Oman, designating it as a zone under its forces' supervision.
A victim was defrauded of nearly 4 million USD after being invited to a video conference about the Strait of Hormuz situation with fake Singaporean government officials.
Iran's Revolutionary Guard announced permission for several Chinese cargo ships to pass through the strait of Hormuz, following a request from Beijing.
President Trump stated that the Chinese president offered to help resolve the conflict between the US and Iran, and to assist in reopening the Strait of Hormuz.
A Tokyo-based snack and cereal company is switching to black and white packaging for some products, citing an ink supply crunch exacerbated by the Iran conflict.
Iran appears to have restored 30 missile bases along the Strait of Hormuz and gained access to 90% of underground facilities nationwide, according to US media reports.
