Iranian Parliament Speaker Ghalibaf says Iran has made progress through both military power and diplomacy in the Strait of Hormuz, citing an agreement with Oman as a diplomatic achievement, Tasnim reports

Rhetoric pairing military capability with diplomacy around the Strait of Hormuz is a recurring feature of Iranian signalling, and episodes of this kind have historically moved crude through the geopolitical risk premium embedded in prompt spreads and freight and insurance costs rather than through any physical disruption, since actual closure or sustained interference with tanker traffic has remained the tail case across past cycles of tension. The pairing of power projection with a claimed diplomatic achievement is the more conciliatory variant of the genre: remarks framed around bilateral agreement with a neighbouring state have tended to accompany de-escalatory phases, whereas purely military framing has preceded the tanker seizures and harassment episodes that periodically widened war-risk premia in Gulf shipping. Oman is the relevant actor to note, having served repeatedly as an intermediary channel between Tehran and Western counterparts, so an Iranian-Omani understanding is more plausibly a venue-building step than a settled arrangement. Nothing in the statement indicates a change to transit volumes, insurance terms, or naval posture. The follow-ons that have mattered in comparable episodes are whether tanker tracking and war-risk rates corroborate any change on the water, and whether the Omani channel produces a broader negotiating track. As it stands this is signalling, not supply.