Iran says Oman deal in 'final stages' but US must act to open Hormuz
Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the strait would only reopen once the United States met other conditions. A U.S. official told Reuters on Friday that an agreement between Iran and Oman was close and could soon reopen the waterway, which carried a fifth of global oil and liquefied natural gas…
Iran announced on Sunday that an agreement defining new shipping lanes through the Strait of Hormuz was nearing completion, though the country insisted the waterway would only reopen if the United States met additional conditions. A U.S. official confirmed earlier that a deal between Iran and Oman was imminent, potentially restoring access to the strait, which previously carried a significant portion of global oil and liquefied natural gas shipments.
Iranian Foreign Minister Abbas Araqchi stated on Sunday that the final stages of the agreement were being reached, but emphasized that reopening the strait depended on other unspecified conditions being satisfied. The deal would outline the new lanes for shipping once the U.S. complies with those conditions and the strait is reopened, according to Iran's Mehr news agency.
Iran and the U.S. are not currently in direct negotiations, and Tehran is unwilling to initiate any dialogue as long as Washington violates an interim deal signed in June. Araqchi added that communication is ongoing through intermediaries.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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