- Iran and Oman have reached an understanding regarding the management of the Strait of Hormuz, with final details expected to be announced soon, according to Iranian MP Hassan Ghashghavi.
- Tehran and Muscat have agreed on the geographical route for ships transiting the Strait of Hormuz, as stated by Iranian Foreign Ministry spokesman Esmaeil Baqaei.
- The reopening of the Strait of Hormuz hinges on the lifting of the US maritime blockade, which the US has not indicated it is prepared to lift.
- Before the conflict, the Strait of Hormuz was crucial, handling nearly one-fifth of global oil and liquefied natural gas exports, making any disruption a major concern for global energy markets.
- US and Israel's attacks on Iran in late February have significantly reduced energy shipments through the Strait of Hormuz.
- Iranian naval forces have reportedly targeted 'hostile targets' at the entrance of the Strait, indicating ongoing tensions in the region.
- Recent incidents include an oil tanker captain hearing two explosions near Kumzar, Oman, and Houthi rebels claiming strikes on two Saudi oil tankers.
Iran and Oman have reached a broad understanding on managing the strategically vital Strait of Hormuz, with Iranian officials stating that the final text will be announced soon.
Hassan Ghashghavi, spokesperson for the Iranian Parliament’s National Security Commission, confirmed, “The general framework of the understanding with Oman has been determined.”
The agreement reportedly allows Iran to control vessel entry into the strait, while both nations will oversee exits.
“The path of understanding is between Iran and Oman, and no negotiations with the US have taken place during this period,” said Iranian Deputy Foreign Minister Kazem Gharibabadi.
However, Iran has made it clear that a complete reopening of the strait is contingent upon the lifting of the US naval blockade, which remains a significant hurdle.
“The factors making the Strait of Hormuz insecure still exist on the part of the United States,” warned Foreign Ministry spokesman Esmaeil Baqaei.
The proposed arrangement includes a central corridor for transit, with restrictions on vessels linked to hostile nations, particularly the US and Israel.
“The draft further proposes denying transit to countries or individuals considered responsible for causing damage to Iran until compensation is paid,” according to reports.
The Strait of Hormuz is crucial for global energy shipments, handling nearly one-fifth of the world's oil and liquefied natural gas exports before recent conflicts.
As tensions continue, the situation remains fluid, with Iranian authorities emphasizing that the proposal is still under expert review and has not yet been finalized.
“The draft agreement would give Iran control over vessel entry while both countries jointly oversee exits, and includes a 'central corridor' for transit. Tehran insists normal navigation cannot resume unless the US ends its naval blockade, which Washington has not indicated it will do.”
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