Iran and Oman Propose Temporary Navigation Corridor in Strait of Hormuz Amid U.S. Sanctions

Iran and Oman issued a joint statement on Tuesday outlining a proposal for a temporary navigational corridor through the Strait of Hormuz and a coordinated effort to clear mines from the waterway. The statement said technical negotiations will continue toward a permanent corridor, information sharing, traffic management and security services, and emphasized the need to respect international law and the sovereign rights of coastal states.

U.S. President Donald Trump posted on his social platform that the U.S. Navy has removed all mines from the strait and warned that any new mines would be destroyed, adding that the Space Force is monitoring the area. Treasury Secretary Scott Bessent announced a new round of economic measures described as the "single greatest financial offensive ever" aimed at cutting Iran’s financial connections worldwide.

Iranian Economy Minister Ali Madanizadeh told state television that the government is prepared for the sanctions, citing a two-year plan to manage the impact and predicting the measures would result in "another defeat" for the United States.

Separately, British officials attributed a recent four-day outage of a small power generator to Iran-linked hackers, while U.S. officials have linked similar cyber incidents to Tehran, though President Trump has disputed those claims.