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A planned meeting for Monday between Iran and several Gulf nations on creating a temporary shipping lane through the Strait of Hormuz has been postponed, according to Oman’s foreign minister.
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Badr Albusaidi said in a post on X that the meeting is being delayed “in the interests of consensus,” without offering any details about next steps.
The meeting was put off to ensure “appropriate conditions for a constructive dialogue that contributes to achieving sustainable understandings supporting the region’s security and stability,” Oman’s Foreign Ministry added in a post on X.
Iran said the meeting of foreign ministers was postponed at the request of regional countries, according to the state-run Islamic Republic News Agency.
Tehran had planned to formally unveil a deal on the shipping lane after a flurry of diplomatic activity including a rare meeting between senior officials from Tehran and Abu Dhabi.
In the days ahead of the planned meeting, it wasn’t clear which nations would attend. Bahrain had ruled out participating, citing recent Iranian-backed attacks on Gulf sites, while escalating fighting between Saudi Arabia-backed forces and the Houthis, a group based in neighboring Yemen and supported by Iran, was also complicating the plans.
Tehran had indicated any deal wouldn’t amount to a full reopening and it would still decide on which ships could cross the strait. Iranian Foreign Minister Abbas Araghchi described the proposed meeting as an “important event” and a step toward building trust, in an interview with Al Araby Al Jadid.
Negotiations on details such as the fees ships may be charged were set to continue between Iran and Oman ater, according to people familiar with the talks, who asked not to be identified discussing private deliberations.
Brent crude prices have topped $105 a barrel in recent days as renewed Middle Eastern tensions heightened concerns about global supplies. Soaring prices at the pumps pose a problem for President Donald Trump’s Republican Party with just over 50 days to go before midterm elections.
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Asked earlier Sunday about a possible meeting of Gulf nations with Iran, Trump told reporters, “I don’t care. That’s up to them. That’s fine.”
U.S. Energy Secretary Chris Wright had also downplayed the chances of a Hormuz deal during an interview Sunday. He said markets will need to continue relying on transit that he estimates is supplying 10 million barrels a day of crude and oil products through the Strait of Hormuz.
Together with bypass pipelines, that means “we’re back to two-thirds or north of two-thirds of the previous flows,” Wright said. “So the world oil markets are tighter than we’d like today, but they’re not overly tight.”
The U.S. and Iran exchanged strikes on oil tankers in the Persian Gulf earlier this month. Tensions flared again in the strait over the weekend, with U.K. Maritime Trade Operations saying Sunday a fire broke out on a ship hit by a projectile the day before.
Iran’s state-run IRIB reported an “enemy strike” on a commercial vessel off Iran’s Qeshm and Hengam islands that killed one person.
Saudi Aramco shares fell nearly 1.1% on Sunday to their lowest level since March, after the kingdom closed its East-West pipeline, a key alternative to the Strait of Hormuz for its oil exports, due to drone attacks by Iraq-based militants.
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(With assistance from Adveith Nair, Sara Gharaibeh, Salma El Wardany, Arsalan Shahla and Sam Kim.)
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This story was originally published September 13, 2026 at 3:52 PM.