Iran Claims Hormuz Deal with Oman, Links Reopening to US Conditions

Iran claims to have reached an agreement with Oman regarding the management of the Strait of Hormuz and its revenues, but insists the vital waterway will remain closed unless the United States accepts Tehran's conditions. However, a senior Iranian source later clarified that the agreement is not yet finalized and that both countries are still negotiating details.

According to Islamic Revolutionary Guard Corps (IRGC) spokesman Hossein Mohebbi, the Strait of Hormuz "belongs to Iran and the country of Oman." He stated that weeks of negotiations had yielded results acceptable to both sides concerning revenue sharing and control of traffic. Mohebbi accused the U.S. of obstructing the talks, causing delays.

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The Strait of Hormuz belongs to Iran and the country of Oman... We have been in negotiations with Oman for about a month, and we have reached results that are acceptable to both sides.

"If the United States stops obstructing and returns to the agreement, we can open the Strait of Hormuz within the framework of the agreement reached... If the United States does not accept our conditions, the Strait of Hormuz will not be opened under any circumstances," Mohebbi said, as quoted by Iranian state media.

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In these negotiations, agreements have been reached regarding the share of each country in the waters of the Strait and the share of Iran and Oman in its revenues.

The Strait of Hormuz, which handles a significant portion of global oil and LNG shipments, has seen most shipping shut down since the conflict began in February. Both Iran and the U.S. have sought to assert control over the channel, leading to separate blockades.

Despite a recent lull in active hostilities between Iran and the U.S., diplomatic efforts for a peace deal have stalled. Iran recently announced a blacklist of 45 ships, seemingly to curb ship-to-ship transfers used to evade its blockade. The U.S. has threatened sanctions against countries doing business with Iran, though it has not yet imposed penalties.

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If the United States stops obstructing and returns to the agreement, we can open the Strait of Hormuz within the framework of the agreement reached... If the United States does not accept our conditions, the Strait of Hormuz will not be opened under any circumstances.