Hormuz Deal Push: Iran’s FM Abbas Araghchi says the Strait of Hormuz could reopen in seven days if the US lifts its naval blockade, waives sanctions on Iranian oil and observes a ceasefire including Lebanon, with talks on day seven—while Trump aides privately expect bombing to resume after the November midterms. Aviation Sanctions Hit Region: New US measures under “Operation Economic Outcast” are shutting Iranian airlines out of Gulf airspace; Iraq has notified Iran of a flight ban, and Iran says “either everyone flies or no one flies,” as routes to places including Oman and UAE are disrupted. Oman in the Mix: The Hormuz offer revives ideas tied to earlier Oman-mediated channels, as Iran frames the plan as aligned with a Pakistan-mediated MoU. Maritime Safety Coalition: India and Liberia launched a UN-backed “Group of Friends” to deter attacks on commercial shipping and protect seafarers, citing incidents in the Gulf of Oman and Strait of Hormuz. Oman Business Watch: Oman’s space sector is accelerating—private investment and companies are rising fast, with OmanSat-1 planned to strengthen communications and the digital economy. Energy Logistics: Oil markets remain volatile as Hormuz risks and shipping costs swing, while Saudi pipeline flows resume amid ongoing Houthi pressure.