Iran and Oman have advanced bilateral talks on a temporary shipping corridor through the Strait of Hormuz, with recent statements from Iranian officials indicating positive progress toward an arrangement that would route inbound traffic through Iranian-controlled lanes and outbound via Omani lanes, potentially including fees for security and environmental management. These discussions gained momentum in late July and early August 2026 after Oman presented—and Iran rejected—a Gulf-backed proposal for joint oversight modeled on voluntary contributions, prompting Tehran to seek greater sovereign control while both sides emphasize respect for territorial rights. US diplomatic involvement, including comments from Secretary of State Marco Rubio and Treasury Secretary Scott Bessent on imminent breakthroughs tied to broader de-escalation efforts, has accelerated the timeline amid ongoing regional disruptions to energy transit. Any near-term resolution would likely hinge on final alignment of lane divisions and linkage to sanctions relief or blockade adjustments, with outcomes remaining sensitive to concurrent US-Iran negotiations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIran-Oman Hormuz Management Agreement by...?
August 15
62%
August 31
53%
$40 Vol.
August 15
62%
August 31
53%
A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between Oman and Iran.
A qualifying diplomatic agreement must establish Iranian or Omani policies, obligations, or commitments aimed at managing, permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz, including agreements defining vessel traffic corridors, fee collection policies, or other management policies.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement for the Payout Condition to be met. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of Oman and Iran and a consensus of credible reporting.
Market Opened: Aug 4, 2026, 6:46 PM ET
Resolver
0x65070BE91...A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between Oman and Iran.
A qualifying diplomatic agreement must establish Iranian or Omani policies, obligations, or commitments aimed at managing, permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz, including agreements defining vessel traffic corridors, fee collection policies, or other management policies.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement for the Payout Condition to be met. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of Oman and Iran and a consensus of credible reporting.
Resolver
0x65070BE91...Iran and Oman have advanced bilateral talks on a temporary shipping corridor through the Strait of Hormuz, with recent statements from Iranian officials indicating positive progress toward an arrangement that would route inbound traffic through Iranian-controlled lanes and outbound via Omani lanes, potentially including fees for security and environmental management. These discussions gained momentum in late July and early August 2026 after Oman presented—and Iran rejected—a Gulf-backed proposal for joint oversight modeled on voluntary contributions, prompting Tehran to seek greater sovereign control while both sides emphasize respect for territorial rights. US diplomatic involvement, including comments from Secretary of State Marco Rubio and Treasury Secretary Scott Bessent on imminent breakthroughs tied to broader de-escalation efforts, has accelerated the timeline amid ongoing regional disruptions to energy transit. Any near-term resolution would likely hinge on final alignment of lane divisions and linkage to sanctions relief or blockade adjustments, with outcomes remaining sensitive to concurrent US-Iran negotiations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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