Reports indicate the US and Iran may restart talks. Iran and Oman are discussing a temporary Hormuz navigation corridor and mine-clearance plans, with permanent routes targeted within 30–60 days. Sources say consensus has been reached on ceasefire terms including free navigation of the Strait, with an announcement and formal talks expected in the coming days. Secretary of State Rubio stated there are no current plans for new military strikes, while Trump said all mines in international waters have been cleared. Geopolitical risk premiums rapidly receded and oil fell nearly 2%.

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