3 weeks ago

Iran Says Hormuz Deal Close, Reopening Depends on US Conditions

Iran Says Hormuz Deal Close, Reopening Depends on US Conditions
Iran says deal on Strait of Hormuz is close but not enough to open the waterway · theprint.in

The Strait of Hormuz is a narrow waterway between Iran and Oman.

Before the war, it carried about a fifth of the world's oil and gas, like a busy highway for ships.

There has been a war between the United States and Iran, and ships in the strait have been attacked.

Now Iran says it is 'very close' to an agreement with Oman on a new shipping route.

But Iran says the agreement alone will not be enough to reopen the waterway.

Iran wants the United States to accept its conditions first, including paying compensation and lifting sanctions.

The United States says it will lift its blockade of Iranian ports once the deal is announced.

Iran also wants to keep US and Israeli ships out of the strait and charge some countries to pass.

The two sides still disagree about who controls the strait and how ships should use it.

Until they agree, shipping through the strait remains risky.

Key facts

Proposed Deal
Iran-Oman agreement on a new shipping route through the Strait of Hormuz
Iran's Demands
US compensation; bar US and Israeli vessels; lift blockade and sanctions; free Iranian assets
US Position
Open commercial shipping without restrictions or transit charges; lift blockade of Iranian ports once deal is announced
Negotiation Status
Iran says "very close"; US official expects a deal soon; Oman calls talks "positive and constructive"
Conflict Background
War began with US and Israeli attacks on Iran on February 28
Shipping Importance
Strait carried a fifth of the world's oil and gas shipments before the war
ADNOC Losses
15 vessels struck since conflict began; one crew member killed, 20 wounded
US Blockade Enforcement
More than 30 ships allowed through for humanitarian aid; 53 turned away (US Central Command)

Quotes

Hossein Mohebbi

Spokesperson for Iran's Revolutionary Guards

“There is progress between Oman and Iran on the strait, and we expect a deal soon. Once the deal is announced to restore commercial shipping without impediments, the United States will lift the blockade of Iranian ports.”
NDTV theprint.in theprint.in
“Iran and Oman were “very close” to agreement on a new shipping route through the Strait of Hormuz but that reopening the strait depended on other conditions, including U.S. compensation to Iran.”
NDTV theprint.in theprint.in

Sources

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