Iran and Oman have reached an understanding on the geographic coordinates of a shipping route through the Strait of Hormuz, according to Iran's foreign ministry. The development points to progress on a technical and maritime issue involving one of the region's most closely watched waterways.

Based on the ministry's update, the two countries have agreed on the route's mapped coordinates. Iranian officials also said a joint announcement is being prepared, suggesting the formal details of the understanding are still being finalized.

The move indicates coordination between Tehran and Muscat on how the route will be defined and presented. While the final statement has not yet been released, the latest update signals that both sides are close to publicly confirming the arrangement.

For shipping and regional observers, the key point is that Iran and Oman appear to have settled the route's geographic framework through Hormuz. More detail is expected once the planned joint announcement is issued.