Iran, Oman Discuss Hormuz Revenue Sharing; Gold Market Reacts Neutrally Amid Uncertainty

Published: Aug 27, 2026 09:35

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[SMM Precious Metal Express] Iran announced it had reached an agreement with Oman on revenue sharing for the Strait of Hormuz, but Iranian sources said the deal has not been finalized and details are still being negotiated. The mixed signals offer both hope for reopening and uncertainty over concrete progress, with the short-term impact on gold offsetting between pressure and support, resulting in a broadly neutral effect.

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