Iran says it continues to talk with Oman about management of the Strait of Hormuz, Ilna reports

Oman's role as intermediary between Tehran and the West is long established; it has carried messages and hosted back-channels across multiple cycles of Gulf tension, so dialogue routed through Muscat is the standard shape of de-escalation rather than a novelty. Headlines explicitly about joint management or continued negotiation over the Strait have historically been read as risk-reducing, and in comparable episodes the pattern has been a partial unwind of the geopolitical premium in crude, with freight rates and war-risk insurance on Gulf transits easing alongside the flat price. The distinction worth drawing is between process language of this kind and anything touching actual shipping flows: it is disruption to tanker traffic, or its credible threat, that moves Brent sharply, while talk alone tends to trim rather than remove the premium. Iran's own track record alternates between conciliatory signalling and harassment of vessels, so single headlines of this sort have rarely held as a durable signal without follow-through. The tells are whether Oman or other intermediaries confirm substantive progress, any change in tanker seizure or harassment incidents, and how the statement sits against the broader sanctions and nuclear track. As secondhand reporting via a domestic agency, the initial move is liable to fade if no confirmation follows.