Hormuz deal ‘close’: What’s the latest on each side’s positions?

Iran says a deal with Oman to reopen the Strait of Hormuz is “on the verge of being finalised” after both countries confirmed they had agreed coordinates for shipping routes through the critical waterway.The strait links the Gulf to the Gulf of Oman with Oman and the United Arab Emirates on one side and Iran on the other. It flows through the territorial waters of Iran and Oman with some of its outskirts in UAE waters.Recommended Stories list of 3 itemslist 1 of 3Could the Iran war derail Donald Trump’s legacy?list 2 of 3Strait of Hormuz tolls would harm livelihoods worldwide, shipowners warnlist 3 of 3Iran anthem protest: Female footballers ‘proud’ to become Australianend of listIt has become a major flashpoint in the war between Iran and the United States because one-fifth of the world’s oil and liquefied natural gas (LNG) supplies are shipped through it in peacetime. Iran closed the strait after the US and Israel began strikes on Iran at the end of February, sending oil prices spiralling and causing havoc in global energy markets.In recent weeks, negotiations have been under way to arrive at an agreement that would restore a ceasefire and reopen the strait.Here’s what we know:Wh...