Strait of Hormuz Diplomacy: Omani Foreign Minister Sayyid Badr al-Busaidi is set to travel to Tehran on Tuesday for talks with Iran’s Abbas Araghchi, as both sides try to manage shipping and regional security around the Strait of Hormuz. Economic Pressure on Iran: The U.S. is preparing to unveil new “economic D-Day” sanctions against Iran, with Treasury Secretary Scott Bessent warning of a major financial offensive; Iran has vowed retaliation and says it will not accept terms set by Washington. Shipping and Costs in the Strait: Iran’s parliament committee has approved a plan to charge fees for ships transiting Hormuz, while Iran also warns vessels of detention risk. Local Governance and Community: In Muscat, the Wali of Muttrah reviewed updates on the Aint Marina project with residents, fishermen and Oman Flour Mills representatives, focusing on coordination and practical solutions. Environment and Planning: Oman’s Environment Authority held a workshop on the National Committee for the Man and the Biosphere programme, including a draft management plan for the Jabal Akhdar Biosphere Reserve. Public Safety: Royal Oman Police arrested two Arab nationals over alleged human trafficking involving a woman. Labour Policy: Oman has stopped renewing work permits for expatriates aged over 60, reversing a 2022 decision. Finance: The Central Bank of Oman announced results for the 84th Government Development Bonds issue, with a 4.50% coupon and settlement on Aug 25.