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The Zhitong Finance App learned that Iran said it has reached an agreement with Oman on the proposed shipping route in the Strait of Hormuz, which is seen as an important step towards the reopening of this key global energy transportation channel. Affected by this news, market expectations for the resumption of navigation in the Strait of Hormuz have further heated up. International oil prices stabilized on Wednesday, and Brent crude oil remained around 79 US dollars per barrel.

Zhitongcaijing·08/05/2026 16:09:08
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The Zhitong Finance App learned that Iran said it has reached an agreement with Oman on the proposed shipping route in the Strait of Hormuz, which is seen as an important step towards the reopening of this key global energy transportation channel. Affected by this news, market expectations for the resumption of navigation in the Strait of Hormuz have further heated up. International oil prices stabilized on Wednesday, and Brent crude oil remained around 79 US dollars per barrel.