Hormuz talks positive, Oman says, as Iran warns deal would not open strait

Positive discussions are underway between Oman and Iran regarding an agreement to secure shipping through the Strait of Hormuz, according to Oman's foreign ministry. However, Iran's Foreign Minister Abbas Araghchi cautioned that the reopening of the strait would not occur immediately, as it depends on certain conditions being met.

These conditions include Iran receiving compensation from the US for alleged violations of a June deal to cease fighting and advance talks for ending the war. Iranian security chief Mohammad Baqer Zolqadr emphasized that the strait would not reopen until the US corrects its behavior, citing six demands such as halting threats against Iran, lifting the naval blockade of Iranian ports, and releasing Iran's frozen assets.

Although Oman's foreign ministry urged against attacks on ships that could hinder progress, recent attacks on an Adnoc tanker by Iran and a fire on a ship off Oman's coast have raised tensions. US Vice-President JD Vance reiterated that work remains to be done, stating that the same amount of oil should flow through the strait as before the US military operation began in February.

However, he declined to provide details on a potential traffic scheme to ensure safe passage for ships through the strait.