An agreement on the Strait of Hormuz is taking shape - but not one Trump wants
Negotiations regarding a shipping agreement in the Strait of Hormuz are ongoing, with Iran reportedly engaging solely with Oman. While President Trump has expressed optimism about a deal, Iranian officials have criticized US interference and threats as obstacles to progress.
Why it matters
The Strait of Hormuz is a critical global maritime chokepoint; instability there has immediate implications for global energy prices and geopolitical security.
Like shifting winds, plans for the future of the Strait of Hormuz – and their chance of success – change almost daily. US President Donald Trump said an agreement could be reached this week. “It could happen. Tomorrow or the next day,” Trump said Tuesday. “A lot of progress has been made. And they called me and they said, ‘Please let’s talk.’” But he again threatened to attack Iran should no deal be reached. Even so, there’s no consensus even on who is talking to who. Iran has persistently said it is talking solely with Oman on a temporary arrangement for the vital waterway. And others are less confident that a deal is imminent and are skeptical about its longevity. Iran and Oman have agreed on the geographical coordinates of a proposed safe shipping route in the strait, Iran’s Foreign Ministry spokesman Esmaeil Baghaei said Wednesday.
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