Iran and Oman say they have held their first meeting on managing the Strait of Hormuz, a key shipping route linking the Persian Gulf to global energy markets. The two countries both state that they have sovereignty over the waterway. The Strait is widely described as vital for Gulf energy exports, with significant volumes of crude and refined products transiting through it. The reports also note that Iran previously blockaded the strait during the Iran-Iraq war period, highlighting the waterway’s strategic sensitivity and the potential impact of tensions on regional trade. By initiating formal talks, Tehran and Muscat indicate efforts to address coordination and governance concerns related to navigation and management of the passage. Both outlets present the meeting as an initial step in ongoing engagement rather than a final agreement, focusing on shared positions regarding jurisdiction and the importance of the route for energy shipments.