Iranian Foreign Minister Abbas Araghchi said ongoing talks between Iran and Oman are in their “final stage,” according to a report published on August 2, 2026. In a Telegram post, he said a report presented to the cabinet described discussions between Tehran and Muscat as moving toward completion.

The talks have included extensive discussions on the future management of the Strait of Hormuz. Araghchi characterized the negotiations as approaching a final outcome, but the report did not provide details on any proposed agreement, timetable, terms, or decisions.

The Strait of Hormuz is described as one of the world’s most important maritime routes, carrying a large share of global oil and gas trade. Any agreement concerning its management and security is therefore considered important for regional and international commerce.