Iran announces agreement with Oman on shipbuilding in the Strait of Hormuz

A representative from Iran's foreign ministry announced that the agreement on shipbuilding in the strait with Oman is in the 'final stages.' He also did not provide details about the agreement. The cooperation between Iran and Oman holds significant importance concerning trade and security issues in the region. This agreement is being implemented with the strategic interests of both countries in mind. These activities within the republic are also related to Khuzestan's important position in numerous international trade routes.