Iran, Oman edging toward Strait of Hormuz deal amid fresh attacks on vessels
Iranian Foreign Minister Abbas Araghchi said on Saturday that the Islamic Republic and Oman were “very close” to agreeing on a naval route through the Strait of Hormuz, but that reopening the choke point still depended on other conditions, one of them being U.S. compensation to Tehran.The previous traffic arrangement stipulated in the Memorandum of Understanding between Washington and Tehran in June was no longer acceptable to Iran, Reuters cited Araghchi as saying.A temporary alternative route is being finalized with Oman, the report added.Oman is situated to the south of the strait.A U.S. official cited on condition of anonymity said that the Trump administration was anticipating that Tehran and Muscat would agree on a framework “soon” so that oil could resume flowing through the waterway.“Once the deal is announced to restore commercial shipping without impediments, the United States will lift the blockade of Iranian ports. As always, U.S. actions will…
Iran and Oman are nearing an agreement on a naval route through the Strait of Hormuz, with Iranian Foreign Minister Abbas Araghchi stating they are “very close.” However, Iran's reopening of the strait is contingent on U.S. compensation to Tehran, as the previous June Memorandum of Understanding is no longer acceptable. A U.S. official indicated that if a deal is finalized to restore commercial shipping, the United States would lift its blockade of Iranian ports, with actions tied to Iran's implementation of commitments. The proposed Iranian-Omani deal might grant Iran control over vessels entering the strait, allowing Tehran to levy fees on passing ships. This development comes amid fresh attacks on vessels; the Abu Dhabi National Oil Company reported a missile strike on one of its carriers on Saturday, following earlier attacks that killed one crew member and wounded 20 others.
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