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Iran says deal on Strait of Hormuz is close but not enough to open the waterway

From Kathmandu Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Iran and Oman are nearing a deal on controlling the Strait of Hormuz, but Iran states it won't be enough to reopen the vital waterway.
  • Iran has additional demands for reopening the strait, including US compensation and an end to threats and sanctions.
  • The UAE reported a ship affiliated with its oil company was attacked in the Strait of Hormuz, with no injuries reported.

Iran announced on Saturday that a deal with Oman regarding the Strait of Hormuz is close to completion, but stated it would not be sufficient to fully reopen the critical energy export route. The United Arab Emirates also reported that Iran had attacked another ship in the strait.

The agreement between Iran and Oman is considered crucial for a broader resolution to the ongoing war, which began with US and Israeli attacks on Iran. Tehran subsequently established control over the major oil and gas transit point. A US official indicated that Washington anticipates an imminent agreement to allow normal oil traffic to resume.

Iran and Oman were “very close” to an agreement on a new shipping route through the strait, but reopening it would depend on other conditions, including US compensation to Iran.

— Abbas AraqchiIranian Foreign Minister Abbas Araqchi's statement on the progress of negotiations.

Iranian Foreign Minister Abbas Araqchi stated that while Iran and Oman are "very close" to an agreement on a new shipping route, full reopening depends on further conditions. These include US compensation to Iran, an end to US threats, cessation of aggression against Iran and its allies, and the lifting of sanctions and blockade.

Oman stresses the importance of avoiding any actions that could affect these negotiations and the progress achieved in a manner that takes into account the interests of all parties.

— Oman's foreign ministryOman's statement on the importance of not jeopardizing the ongoing talks.

Oman's foreign ministry confirmed positive negotiations with Iran on shipping arrangements through Hormuz, while condemning attacks on vessels in the strait. The ministry urged avoidance of actions that could jeopardize the progress of these talks.

Iranian President Masoud Pezeshkian, described as a relative moderate, expressed belief that the current time is optimal for an agreement, citing national unity and strength. Meanwhile, the UAE reported that a carrier linked to its state oil company was hit by a missile in the Strait of Hormuz, though no injuries occurred. The UK Maritime Trade Operations reported a vessel caught fire after being struck by an unknown projectile, but the fire was extinguished with no environmental impact.

There is cohesion, strength, and unity in the country, and as far as I know, Iran is considered victorious and powerful in this war.

— Masoud PezeshkianIranian President Masoud Pezeshkian's assessment of the country's position.
DistantNews Editorial

Originally published by Kathmandu Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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