Meeting between Iran and Gulf states on Hormuz postponed; Oman cites need for consensus
Saudi Arabia’s critical pipeline for Middle East oil bypassing the strait remains shut
Saudi Arabia's essential oil pipeline bypassing the Strait of Hormuz remains closed, causing Middle East diplomacy to falter ahead of Monday's meeting between Iran and other Gulf powers. Oil prices surged over 3% on Monday following Houthi attacks on Saudi Arabia's largest exporter, which forced the closure of its 1,200 km pipeline over the Sep 12-13 weekend. Iranian strikes on ships in the Gulf further heightened concerns over global energy supplies.
Oman's foreign minister, Sayyid Badr Albusaidi, announced on Sunday that the regional meeting scheduled for Monday had been postponed "in the interests of consensus." Iranian officials claimed the meeting's postponement was at the request of some regional countries, with Iran agreeing to coordinate with Oman to set a new date. The strait continued to pose risks for oil shipping, with a vessel struck by a projectile causing a fire and forcing the crew to evacuate.
Iranian and US officials disagreed over Iran's willingness to reopen the strait until the US addresses Iran's demands.
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