Iran, Oman near Strait of Hormuz shipping deal: Report

Tehran says a joint statement with Muscat is in final drafting, but Iranian officials warn the strait won’t fully reopen without a shift in US conduct.

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Article summary

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Iran says a joint statement with Oman on a Hormuz shipping route is in final drafting, with a temporary passage through Iranian territorial waters under negotiation. Iranian officials have stressed the deal would not mean a full reopening of the strait, tying that to a change in US conduct.

Key points

  • Iran and Oman are finalising a temporary Hormuz shipping agreement
  • Iranian officials say full strait reopening is not guaranteed
  • Oil held losses with Brent near $79 a barrel Thursday

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Iran said it has reached a preliminary agreement with Oman on a shipping route through the Strait of Hormuz, raising the prospect of some energy flows resuming through the waterway – though Iranian officials were quick to qualify what any deal would actually mean in practice, according to Bloomberg.

Iranian Foreign Ministry spokesman Esmail Baghaei told reporters on Wednesday that a joint statement with Muscat is under review and in the final drafting stage. Negotiations are “forward-moving,” he said, though he warned a deal could fall through “if certain third parties do not obstruct this process.”

He made no mention of a formal US role in the discussions, attributing the strait’s closure to attacks by the US and Israel. The White House did not respond to a request for comment.

Iranian Deputy Foreign Minister Kazem Gharibabadi offered more detail, telling state-run IRNA that the two countries are negotiating a “temporary route” that would remain active for two to four months, with a substantial share of traffic routed through Iran’s territorial waters.

“This understanding does not mean the full reopening of the Strait of Hormuz,” he said. Iranian state television cited a separate source as saying that even a Tehran-Muscat agreement would not automatically reopen the strait — that would depend “on a change in US behavior.”

President Donald Trump said late Tuesday that a deal on Hormuz is imminent, adding that talks with Iran are “moving along very nicely” and that clarity would come within 48 hours. Trump has made similar claims previously without a lasting agreement materialising. In a Fox

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News interview recorded the same day, he repeated a threat that if Iran doesn’t “make a deal, it’s going to be too bad.” Over the weekend, he held off on strikes he described as the largest planned since World War II.