Iran and Oman have reportedly reached an agreement regarding their respective shares and revenues from the Strait of Hormuz. However, Iran's Revolutionary Guards stated that the vital waterway will only be reopened if the United States complies with certain conditions. The deal, which follows weeks of negotiations, aims to regulate traffic through the strait, which has seen significantly reduced shipping since February due to blockades by both Iran and the US. AI
RANK_REASON Article discusses a geopolitical agreement and its conditions, not a core AI development.
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