Kpler said 29 cargo ships passed through the strategic waterway on Saturday, followed by just 12 vessels on Sunday. The figures marked a steep decline from the 70 ship transits recorded on June 24, the highest daily volume since the outbreak of the Middle East conflict.

Iran and Oman held the first meeting of a joint committee on the Strait of Hormuz, Iran's Foreign Ministry said on Monday. Iranian Deputy Foreign Minister Kazem Gharibabadi said the two sides exchanged views on issues related to the waterway, including its future management.

Iranian President Masoud Pezeshkian confirmed on Monday that 6 billion USD of the 12 billion USD in Iranian assets frozen in Qatar will be released and returned to Iran under the memorandum of understanding signed between Tehran and Washington.

President Donald Trump said Monday that Iran has requested a meeting, which will take place in Doha, Qatar. White House spokeswoman Karoline Leavitt later announced that US special envoy Steve Witkoff and Trump's adviser Jared Kushner will travel to Doha this week for high-level meetings. She added that technical-level talks will be held alongside the senior-level discussions.

Iranian Foreign Ministry spokesman Esmaeil Baqaei said Monday that, while a delegation of Iranian experts will travel to Doha this week, there will be no direct meeting with US officials. Baqaei said Iran and the US have not yet reached the stage of formal negotiations on a final agreement. He added that Tehran's immediate priority is to ensure the implementation of the recently signed MoU.