A high-ranking source revealed to Al Arabiya and Al Hadath on Thursday that Oman and Iran have reached an understanding on the framework of an agreement related to reopening the Strait of Hormuz.
The same source indicated that an announcement could be made in the coming days, but emphasized that it still requires approval from Iran's National Security Council.
The proposed agreement concerning Hormuz extends for 60 days, aiming to resume navigation in this crucial waterway.
According to the source, vessels entering Hormuz will use the shipping lane closest to Iran, while those exiting the strait will utilize the lane nearest to Oman.
The senior source stressed to Al Arabiya and Al Hadath that the suggested agreement on the Strait of Hormuz does not include imposing tolls or services fees on passing ships.
Moreover, regional parties may participate in demining the strait and executing the technical measures necessary for navigating through it.
Following the ratification of the Hormuz agreement, the United States and Iran will revisit the memorandum of understanding signed in June and activate Article 5 of it, which states, "the 60-day agreement regarding Hormuz aims to break the stalemate and initiate technical negotiations" between Washington and Tehran.
It was confirmed that there are indirect communications between the United States and Tehran through intermediaries, with these indirect exchanges now reaching their final stage.
The source further disclosed that Iran's Foreign Minister Abbas Araghchi recently made two calls to Pakistan's army chief, Asim Munir, and is expected to visit Islamabad by the end of this week or early next week.
Senior sources confirmed to Al Arabiya and Al Hadath that Pakistani officials will brief Saudi Crown Prince Mohammed bin Salman on the developments of the negotiations between Tehran and Washington.