US-Iran Ceasefire MoU: The US and Iran signed a 14-point Memorandum of Understanding to end military operations and reopen the Strait of Hormuz, with a 60-day negotiation track for a final settlement and steps including lifting the US naval blockade within 30 days and easing sanctions tied to compliance. Nuclear Talks & Disputes: The deal defers the hardest nuclear issues to later technical work under UN nuclear watchdog oversight, while Iran says it will not transfer enriched uranium abroad, calling it a red line. Hormuz Shipping Impact: Markets are watching how fast oil and shipping volumes return; analysts warn flows may recover only partially and that regional rerouting has already reshaped trade patterns. Oman Angle—Maritime Safety: Oman is repeatedly referenced as a key coastal state for Hormuz navigation, with regional diplomacy turning on safe passage and legal frameworks for any demining or monitoring. Oman Domestic Policy: Oman’s Tax Authority clarified VAT calculation for oil and gas and government invoices where a 1.2% training/employment deduction applies after VAT is computed on the full invoice value. Urban Development: Muttrah’s cable car project nears completion, but the city’s parking and road access constraints are emerging as the main bottleneck for tourism growth. Royal Decree: Sultan Haitham issued a decree amending GCC insurance protection rules for citizens working across member states.