Iran and Oman have advanced bilateral talks on a temporary joint shipping corridor through the Strait of Hormuz, with officials from both sides stating in mid-to-late October 2026 that they have reached in-principle agreement on routes, geographic coordinates, and related arrangements following weeks of consultations. Foreign ministers Abbas Araghchi and Badr Albusaidi have issued joint statements outlining a phased framework that includes mine clearance and navigation services while respecting each country's sovereign rights under international law. Progress remains tied to implementation of the June Islamabad Memorandum of Understanding between Iran and the United States, with Tehran conditioning full reopening on Washington's compliance and rejecting external interference. Discussions also address long-term management, revenue mechanisms, and coordination with other Gulf states, though Oman has emphasized that any fees must align with UNCLOS rather than constitute transit tolls. Upcoming technical meetings and a planned briefing for littoral states could clarify timelines for a formal accord.