Iran says deal on Strait of Hormuz is close but not enough to open the waterway
Iran reports that negotiations with Oman regarding the Strait of Hormuz are nearing a deal, though full reopening remains contingent on U.S. concessions. Tehran has linked the waterway's status to broader demands, including the lifting of sanctions and an end to regional military threats.
Why it matters
The Strait of Hormuz is a critical global energy chokepoint, and its status directly impacts international oil prices and geopolitical stability.
Iran said on Saturday that a deal with Oman on control of the Strait of Hormuz was close but would not be enough to free up the waterway, and the United Arab Emirates said Iran had hit another ship there.Agreement between Iran and Oman over the strait is seen as vital to a wider deal to end the war that began with US and Israeli attacks on Iran on February 28 and led to Tehran establishing a chokehold over the major energy export route.A US official, who declined to be identified, said on Friday that Washington anticipated an agreement soon between Iran and…
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