3 weeks ago
Iran, Oman Near Temporary Strait of Hormuz Shipping Deal
Iran and Oman are very close to making an agreement.
The agreement is about the Strait of Hormuz, a very important waterway.
Many ships that carry oil sail through this strait.
The deal would let ships sail through again without paying fees or tolls.
It would also help Iran and the United States stay calm and peaceful.
The two countries had made a promise in June to pause their fighting.
This new deal could give them more time to talk and negotiate.
An important Iranian official said the deal could last for two to four months.
He also said it does not mean the whole strait will open again right away.
The President of the United States says the countries are talking and making a lot of progress.
Iran and Oman are close to finalising a temporary shipping agreement for the Strait of Hormuz with 'no fees or tolls' on vessels.
The deal aims to restart commercial shipping and return talks to the ceasefire memorandum of understanding signed between Iran and the US on 17 June.
Iranian Deputy Foreign Minister Kazem Gharibabadi said the arrangement could remain valid for 'two to four months'.
Gharibabadi cautioned that the Iran-Oman deal would not automatically mean the full reopening of the Strait of Hormuz.
US President Donald Trump said a Hormuz deal was close, confirming his administration is in contact with Iran.
- Who
- Iran, Oman and the United States, including Iranian Deputy Foreign Minister Kazem Gharibabadi, Foreign Ministry spokesperson Esmail Baghaei and US President Donald Trump
- What
- A temporary shipping agreement between Iran and Oman that could restore commercial traffic through the Strait of Hormuz and return talks to the June ceasefire understanding between Iran and the US
- Where
- The Strait of Hormuz, involving Tehran, Muscat and Washington
- When
- Officials said the deal was close to completion and could be announced soon; Trump said it 'could happen. Tomorrow or the next day'
- Why
- To restart commercial shipping without fees, restore the ceasefire understanding between Iran and the US, and create room for further negotiations
Iran's Stance
US Stance
US role in the talks
Iran's Stance
Iran says the path of understanding is between Iran and Oman and that no negotiations with the US have taken place during this period.
US Stance
President Trump says his administration is in contact with Iran ('We are talking'), that a lot of progress has been made, and accused Iran of being 'duplicitous'.
Scope of the agreement
Iran's Stance
Iranian Deputy Foreign Minister Kazem Gharibabadi cautioned that the bilateral deal with Oman 'does not mean the full reopening of the Strait of Hormuz'.
US Stance
Reporting frames the proposed deal as one that could reopen the Strait of Hormuz and restart commercial shipping through the waterway.
Key facts
- Key Parties
- Iran, Oman, United States
- Proposed Terms
- Vessels pass through the Strait of Hormuz with no fees or tolls
- Coverage
- Inbound traffic through Iranian territorial waters and outbound vessels on a route closer to Oman
- Duration
- Two to four months, per Iranian Deputy Foreign Minister Kazem Gharibabadi
- Background
- Memorandum of understanding signed between Iran and the US on 17 June for a 60-day negotiation period
- US Commitment
- Lifting the naval blockade of Iranian ships under the June memorandum
- Announcement
- UN International Maritime Organisation (IMO) and the US expected to be involved
- Endorsement
- Endorsed by members of the Gulf Cooperation Council (GCC)
Quotes
Kazem Gharibabadi
Iranian Deputy Foreign Minister
“"An understanding in principle has been reached on almost all the raised issues, including the map for maritime traffic entry and exit routes."”
livemint.com
“"A bilateral deal with Oman does not mean the full reopening of the Strait of Hormuz."”
livemint.com
Donald Trump
U.S. President
“"We are talking. Let’s see what happens."”
livemint.com
Sources
Related news
US Nears Interim Iran-Oman Deal to Reopen Strait of Hormuz
Iran Says Strait of Hormuz Deal With Oman Being Finalised
Iran, Oman Finalise Hormuz Transit Deal Amid US Threats
Iran-Oman strike landmark deal to secure Strait of Hormuz
Iran-Oman Hormuz Deal in Final Stage; Trump Says Announcement Near
Iran Says Hormuz Deal Close, Reopening Depends on US Conditions
Trump Floats Renaming Strait of Hormuz as ‘Trump Strait’
Chevron Plans $7 Billion Venezuela Expansion Amid U.S. Oil Push
Saudi Arabia Says Iranian Tanker Attack Killed Two Sailors
U.S.-Iran Exchange Escalates Across Middle East, Markets Slide
Trump Aides Seek Quiet Iran War Before Midterm Elections
