Iran says Oman deal in final stages, demands US action for Hormuz reopening

Iran announced that a deal with Oman to define new shipping lanes in the Strait of Hormuz is nearing completion. However, the country reiterated that the waterway will only reopen after the United States fulfills other conditions.

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an agreement on the strait that lies between the two countries was in the "final stages"

An agreement on the strait, which lies between Iran and Oman, is in its "final stages," according to Iranian Foreign Minister Abbas Araqchi. He stated that the deal would outline the new shipping lanes to be used once the U.S. meets unspecified conditions and the strait is reopened.

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it would not reopen it unless other conditions were met.

The Strait of Hormuz, a vital chokepoint for global energy trade, previously carried a fifth of the world's oil and liquefied natural gas shipments before Iran blocked it. This action was reportedly in response to attacks by the U.S. and Israel. While an agreement is reportedly close, Iran insists that reopening the strait is contingent on U.S. actions. Iran also stated that it is not engaged in talks with the U.S. and will not initiate them as long as Washington continues to breach an unspecified agreement.

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The agreement would set out the new shipping lanes to be used once the US fulfils those conditions and the strait is reopened