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Iran & Oman Set to Issue Joint Statement on Temporary Hormuz Transit Corridor, Oil Price Relief?

CoinGape·August 6, 2026·1 min read
Iran & Oman Set to Issue Joint Statement on Temporary Hormuz Transit Corridor, Oil Price Relief?

Iran and Oman have agreed on geographic coordinates for a temporary shipping corridor through the Strait of Hormuz, with a joint statement in final drafting stages. The development marks progress toward reopening the waterway and could reshape the macro outlook for Bitcoin and risk assets.

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