Iran-Oman Hormuz agreement not yet finalised: Iranian source

Iran and Oman are still finalising an agreement on shares of the Strait of Hormuz and its revenues, Reuters is reporting, citing a senior Iranian source.

According to the source, the countries are still working on the details of the agreement.

This comes shortly after Iranian media, citing an IRGC spokesman, reported that the two countries had "reached results that have been accepted by both sides".

In comments carried by Tasnim news agency, the spokesman confirmed that: “Agreements have been reached on the share of each country in the waters of the strait and the share of Iran and Oman in its revenues."