How viable is the potential Iran-Oman Hormuz shipping deal?
Iran says a shipping accord with Oman is in its final stages, but analysts warn sanctions, security concerns and rival US-Iran goals could limit its impact.
The viability of an Iran-Oman deal to reopen the Strait of Hormuz for shipping has been called into question due to several factors. While Iranian officials claim the agreement is in its final stages, industry sources tell Reuters that the deal's workability is hampered by US sanctions and restrictive insurance conditions. Security analyst Shukriya Bradost suggests that such a pause could benefit the United States more than Iran, as it allows Washington to improve coordination with regional partners and prepare stronger options.
Iranian Deputy Foreign Minister Kazem Gharibabadi maintains that the proposed arrangement would not fully reopen the strait but establish a new model for maritime traffic. However, political analyst Babak Dorbeiki points out that Iran seeks control over vessels entering the strait, while the US wants completely free passage, objectives that cannot easily be reconciled.
Despite these challenges, Iran may still present any agreement as a strategic gain, while the US could portray it as a relief from economic pressure and an opportunity to bolster its military and economic positions.
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