Analyst: Hormuz proposal could ease tensions, restore trade.

Iran Says It Is Nearing Final Agreement With Oman on Strait of Hormuz. The agreement on an acceptable route for ships to pass through the strait would effectively ratify Tehran's control over the crucial waterway. The two countries, which sit on opposite sides of the strategic waterway, have been in talks to find a formula to reopen the strait. We spoke to former diplomat and International Relations Expert, Dr. Kingsley Makhubela....