Oman and Iran Discuss Strategies for Safe Passage in Strait of Hormuz

On April 5, Oman’s Ministry of Foreign Affairs announced on social media that Oman and Iran held deputy foreign minister-level talks on April 4, Saturday, to explore various strategies for ensuring smooth passage of vessels through the Strait of Hormuz. According to BlockBeats, the discussions aimed at addressing the challenges faced by ships navigating this critical maritime route. PolyBeats monitoring indicates that on the prediction market Polymarket, the probability of the Strait of Hormuz reopening for navigation this month has significantly decreased, currently standing at 12%.