US-Iran Hormuz Deal & Shipping Risk: A draft US-Iran framework is expected to be signed around June 19, aiming to reopen the Strait of Hormuz and ease the US naval blockade, but maritime officials warn traffic may stay limited and attacks remain possible; Iran also signals it may charge “fees” for services, raising legal and cost questions for shipping. Oman’s Role in Navigation: Oman and Iran reaffirmed safe, free passage through Hormuz under international law, with Oman’s foreign minister calling for a stable environment for diplomacy. Secret Oil Transfers Near Oman: Reuters reports the US has overseen secret ship-to-ship oil transfers using a shuttling method similar to Iran’s sanctions-skirt tactics, with identified transfer sites off Fujairah and near Oman’s Sohar. Seafarer Safety at the Center: At the G7, PM Modi pressed for secure sea routes after US strikes killed Indian sailors near Oman, while the US also issued guidance for a high-risk “Southern Highway” corridor south of Hormuz. Oman Economy Watch: The IMF praised Oman’s resilience and reform momentum, projecting growth supported by oil output and non-oil momentum. Clean Energy & Industry Signals: UAE energy officials highlighted long-running Chinese partnerships on solar, while Oman continues logistics and energy transition moves, including progress on the Oman-UAE rail link.