A cargo ship reports it has been hit by a projectile off the coast of Oman in the Strait of Hormuz. The United Kingdom Maritime Trade Operations Center says the report came overnight.

Oman’s statement appears to indicate that the negotiations over the Strait of Hormuz are moving forward positively, which could suggest a shift towards a resolution. Market pricing suggests a slight increase in optimism for a U.S.-Iran agreement by August 31, with YES odds currently at 49%, up from 34.5% for an earlier August 15 deadline.

Gulf and Arab governments condemn Iran over missile strike on Emirati tanker.

Yemen's Houthi rebels launch fresh attacks on Saudi-backed government troops, says Yemeni state media, as Cruz says Trump must seek "regime collapse."

There are competing routes through the strait and what’s on the table appears to involve merging them – with Iran retaining a level of control that would be at odds with US wishes.

Iran says it’s in the final stage of drafting an agreement on the Strait of Hormuz waterway with Oman, while two Israeli soldiers have been killed in Lebanon. Here’s a look at the latest developments in the Iran war and the wider Middle East on Thursday.

Oman and Iran remain locked in negotiations about the future of the Strait of Hormuz, potentially running past the Thursday time frame expected by President Donald Trump. The foreign ministries of both nations confirmed Thursday that the geographic coordinates for a maritime route through the strait have been agreed upon,

The United Arab Emirates said one of its ships was targeted by an Iranian missile, Yemen’s military attacked the country's Iranian-backed Houthi rebels, and Turkey’s Kurdish peace bill won approval in parliament.