Oman and Iran are still working on a deal to share revenues from the strategic Strait of Hormuz, according to a senior Iranian source. The discussions come amid ongoing tensions with the United States, which has warned Oman against cooperating with Tehran over the waterway. The US has threatened to bomb Oman if it “gets in the way” of its policies, as part of its broader opposition to Iran’s influence in the region.
The potential agreement would allow Iran to share a portion of the revenue generated by shipping traffic through the strait, a critical route for global oil exports. However, the deal remains under negotiation, with both sides seeking to balance economic interests and geopolitical pressures. Iran has also proposed allowing no military ships to transit through Hormuz under the terms of the deal, a move that could ease concerns from neighboring countries.
Oman’s involvement in the talks highlights its strategic position between Iran and the Gulf Cooperation Council. The country has sought to maintain a neutral stance while pursuing economic benefits. Meanwhile, the US continues to exert pressure on Oman, warning it against any moves that could undermine its regional influence.
The situation remains fluid, with no official agreement yet reached. The outcome of these negotiations could have significant implications for regional stability and global energy security.
