Times of India·3 min read·medium

Iran says deal on Strait of Hormuz is close but not enough to open the waterway

R
REUTERS
Iran says deal on Strait of Hormuz is close but not enough to open the waterway
AI Summary

Iran reports that negotiations with Oman regarding the Strait of Hormuz are nearing a deal, though full reopening remains contingent on U.S. concessions. Tehran has linked the waterway's status to broader demands, including the lifting of sanctions and an end to regional military threats.

Iran said on Saturday that a deal with Oman on control of the Strait of Hormuz was close but would not be enough to free up the waterway, and the United Arab Emirates said Iran had hit another ship there.Agreement between Iran and Oman over the strait is seen as vital to a wider deal to end the war that began with US and Israeli attacks on Iran on February 28 and led to Tehran establishing a chokehold over the major energy export route.A US official, who declined to be identified, said on Friday that Washington anticipated an agreement soon between Iran and Oman, which sit on either side of the strait, so normal oil traffic could resume.Iranian Foreign Minister Abbas Araqchi said Iran and Oman were "very close" to an agreement on ‌a new shipping route through ⁠the strait, ⁠but that reopening it would depend on other conditions, including U.S. compensation to Iran.The secretary of Iran's top national security body, Mohammad Baqer Zolqadr, listed other demands including ending U.S. threats against Iran, stopping aggression against Iran and its Lebanese, Palestinian, ​Yemeni and Iraqi allies, lifting a blockade and sanctions on Iran and freeing Iranian assets.Catch the latest World News and Live updates. Download the TOI app.

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