Iran has signaled it is close to reaching an agreement with Oman over control of the Strait of Hormuz, but has not yet finalized the deal, according to Iranian officials. The Iranian army spokesman stated that the United States has no choice but to accept Iranian orders regarding the strait, as Iran and Oman work on a framework for its management (aljazeera.com).
Despite the progress, Iran has warned that the reopening of the waterway will depend on other conditions, including compensation for damages caused to commercial vessels. The United Arab Emirates has also raised concerns, accusing Iran of targeting a tanker belonging to ADNOC while it was passing through the strait (nst.com.my).
Meanwhile, U.S. officials, including Vice President JD Vance, have expressed confidence in a plan that would ensure safe passage for commercial ships through Hormuz. However, Washington does not fully trust Iran’s assurance that such ships will not be attacked (thehill.com).
The situation remains tense, with the final approval of the agreement still pending from Tehran. The outcome of these negotiations will have significant implications for regional security and global oil trade.
