Iran Says Hormuz Talks with Oman in 'Final' Stages as Route Approved The latest developments in the Hormuz talks between Iran and Oman have brought a sense of relief to markets and diplomats alike.
However, beneath the surface, this fragile agreement appears to be more than just a technical fix – it's a power play that could have far reaching consequences for the region.
At its core, the talks center on control of the Strait of Hormuz, through which a significant portion of the world's oil exports pass.