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๐Ÿ‡ซ๐Ÿ‡ท France /Economy & Trade

Iran says it is close to an agreement on Hormuz with the Sultanate of Oman

From Le Figaro · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • Iran claims it is close to an agreement with Oman regarding the Strait of Hormuz, a crucial global energy transit route.
  • The strait has been closed by Iran since hostilities with the U.S. resumed in early July, disrupting global trade.
  • Iran states the agreement will establish an acceptable route for ships, respecting national interests, and is separate from U.S. demands for reopening.

Iran announced Sunday that it is nearing an agreement with Oman concerning the Strait of Hormuz, a vital passage for global energy trade that Iran has kept closed since early July amid renewed hostilities with the United States. The closure has significantly disrupted the global economy.

According to Iran's Foreign Ministry spokesperson, Esmaรฏl Baghaรฏ, the two nations are discussing a shipping route that respects the sovereign rights and national interests of both countries. He stated, "We are on the verge of reaching an agreement on a route acceptable to both parties - neither the northern route nor the southern route - respecting the sovereign rights of each country and guaranteeing our national interests and security."

We are on the verge of reaching an agreement on a route acceptable to both parties - neither the northern route nor the southern route - respecting the sovereign rights of each country and guaranteeing our national interests and security.

โ€” Esmaรฏl BaghaรฏDescribing the progress of negotiations between Iran and Oman regarding the Strait of Hormuz.

Baghaรฏ clarified that this potential Iran-Oman accord would be independent of U.S. demands for the strait's reopening. He asserted that the waterway's closure is a direct consequence of "all the hostile measures" taken by Washington. The Strait of Hormuz, which previously handled a fifth of the world's seaborne oil trade, was briefly reopened in mid-June after a memorandum of understanding between Iran and the U.S., but was subsequently re-closed with the recent escalation of clashes.

Earlier, U.S. President Donald Trump had announced a pause in American strikes, calling for the "complete and total" reopening of the strait. He indicated that major outlines for an agreement had been reached, though he provided no further details. Trump had previously threatened massive strikes against Iran, including the potential annihilation of "an entire civilization," in response to the Strait of Hormuz blockade.

This is due to all the hostile measures taken by Washington.

โ€” Esmaรฏl BaghaรฏExplaining the reason for the Strait of Hormuz's closure.
DistantNews Editorial

Originally published by Le Figaro in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.