West Asia war LIVE: Iran ties Strait of Hormuz reopening to U.S. concessions on several demands
Iran and Oman are negotiating a potential interim deal to reopen the Strait of Hormuz, though Iran has conditioned the reopening on significant U.S. concessions. Demands include the lifting of sanctions, compensation for war damages, and the withdrawal of U.S. military forces from the region.
Why it matters
The Strait of Hormuz is a critical global maritime chokepoint; continued closure or restricted access poses a major threat to global energy supplies and international security.
Iran and Oman, located on the other side of the Strait of Hormuz, are working to finalize a temporary deal that would reopen it, with ships entering near Iran and exiting near Oman, according to two people familiar with the talks who spoke on condition of anonymity because they were not authorized to speak publicly. Ships would transit without paying fees or tolls during the interim period.
The agreement is designed to restore the separate interim deal between the U.S. and Iran. The two people said the agreement is endorsed by Gulf Cooperation Council members and is expected to be jointly announced by Iran, Oman, the U.S. and the UN’s International Maritime Organization. But they stressed the terms still could change.
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