Iran says deal on Strait of Hormuz is close but will not open the waterway by itself

CAIRO/WASHINGTON/RIYADH, Aug 8 (Reuters) - 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. A U.S. official, who declined to be identified, said on Friday that Washington anticipated an agreement soon between Iran and Oman, which sit on either…

al-monitor.com ·2d ago

Iran has said a deal with Oman on control of the Strait of Hormuz is close. According to Hassan Ghashghavi, spokesman for the Iranian parliament's National Security and Foreign Policy Committee, a general framework has been agreed with Oman, although details still need approval at higher levels.

The proposed system would split traffic management, with Iran coordinating vessels entering the Arabian Gulf and Oman overseeing those exiting. However, the key unresolved issue is fees, with Iran reportedly seeking charges equivalent to roughly 5 per cent of cargo value.

Iran's Islamic Revolutionary Guard Corps (IRGC) has said the Strait of Hormuz will reopen only if the United States accepts Tehran's conditions. IRGC spokesperson Sardar Mohebbi stated that the waterway's reopening is subject to "specific mechanisms and conditions". Additionally, the United Arab Emirates reported that Iran had hit another ship in the Strait of Hormuz.

Brief written by urgent.news from Al-Monitor, Middle East Eye, The National UAE — 3 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.