Iran and Oman Hold Talks on Ensuring Navigation in the Strait of Hormuz

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On April 5, the Omani Ministry of Foreign Affairs announced on social media that Oman and Iran held deputy foreign minister-level talks on Saturday, April 4, to discuss various options for ensuring smooth navigation for vessels in the Strait of Hormuz. According to monitoring by PolyBeats, the probability of ‘navigation in the Strait of Hormuz resuming this month’ on the prediction market Polymarket has dropped from its peak and currently stands at 12%.

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