Strait of Hormuz's 'middle corridor': Iran claims new route is focus of talks

Iran has proposed a new "middle corridor" through the Strait of Hormuz as part of negotiations to reopen the crucial sea lane, according to the report. This alternative route would bypass the two existing lanes: a northern corridor under Iranian control and a southern path through Omani waters. Oman has not confirmed any talks, but US officials expressed optimism about a possible deal to open the strait.

Oil prices dipped below $80 per barrel on Tuesday, reflecting the potential impact of improved shipping conditions. US Secretary of State Marco Rubio indicated progress in discussions with Iran and Oman, while Treasury Secretary Scott Bessent suggested a deal could be reached within two days to normalize the situation. Iran insists it is only engaging Oman, the country on the opposite side of the strait.

A recent incident involving a fire on a Liberia-flagged ship near Oman's coast raised concerns, though no group claimed responsibility. Despite limited traffic through the strait, Gulf countries continue to seek a diplomatic resolution, with Qatar, Pakistan, and Oman coordinating efforts. Iranian state media emphasized that the goal of negotiations was to establish a new safe corridor, potentially closing both the southern and northern routes.

Iranian officials claimed the talks were solely between coastal governments and unrelated to other nations, including the US. Oman's stance on the southern route, deemed "illegal and unsafe" by Iran, highlights the complexities of the negotiations. Additionally, Iran has proposed tolls for shipping, a suggestion dismissed by Gulf states and the US, further complicating the issue.