Iran and Oman reach accord on Strait of Hormuz, Revolutionary Guards say

INTELLIGENCE SUMMARY

By Yomna Ehab and Jana Choukeir CAIRO/DUBAI, Aug 26 (Reuters) - Iran and Oman have reached agreement on their share of the Strait of Hormuz and its revenues, but the vital waterway will not be reopened if the U.S. does not accept their conditions, Iran's Revolutionary Guards said on Wednesday. Iran and Oman have held on-and-off talks for weeks about controlling traffic through the strait, which handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.