Iran says deal on Strait of Hormuz is close but not enough to open waterway
CAIRO/WASHINGTON/DUBAI — 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, which separates the two countries, is seen as vital to a wider deal to end the war, which began with U.S. and Israeli…
Iran has indicated that a deal with Oman concerning control of the Strait of Hormuz is nearing completion, yet it is insufficient to fully reopen the waterway, according to reports from Cairo, Washington, and Dubai. The United Arab Emirates has reported that Iran has once again targeted a vessel in the region. The resolution of the dispute over the strait, which separates Iran and Oman, is considered crucial to ending the ongoing conflict that began following U.S. and Israeli strikes on Iran on February 28.
This conflict escalated, causing Iran to exert control over the significant energy export route. According to a U.S. official, who requested anonymity, the United States anticipates an imminent agreement between Iran and Oman, thereby facilitating the resumption of regular oil traffic. Iranian Foreign Minister Abbas Araqchi stated that Iran and Oman are "very close" to reaching an agreement on a new shipping route through the strait; however, reopening it hinges on additional conditions, such as U.S. financial compensation to Iran.
Mohammad Baqer Zolqadr, the secretary of Iran's highest national security body, enumerated other demands, including the cessation of U.S. threats towards Iran, halting aggression against Iran and its Lebanese and Palestinian communities.
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