The US, Iran and Oman are nearing a deal that would temporarily reopen the Strait of Hormuz without any tolls — with an agreement expected to be announced as soon as today, according to a report.

The deal under consideration would establish a 60-day agreement between Oman and Iran for shipping in the strategic strait, US and regional sources told Axios.

Inbound shipping traffic into the Persian Gulf would go through a northern lane through Iranian waters while outgoing traffic would pass through a southern lane through Omani waters into the Arabian Sea, the outlet said of the interim agreement.

No tolls or fees would be charged during the…

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