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Iran and Oman to share Strait revenues
Iranian Revolutionary Guard spokesperson Hossein Movahedi has confirmed that Iran and Oman have reached an agreement regarding the sharing of revenue from the Strait of Hormuz, following negotiations that began a month ago and resulted in mutually acceptable outcomes. He explained that the Strait of Hormuz belongs to Iran and Oman, and that the negotiations are being obstructed by the United States, which is hindering understanding. He pointed out that if Washington abandons its stance and reverts to the memorandum of understanding, the strait will be opened within the framework of the agreement. He also emphasized that if the United States does not approve Iran’s conditions, the closure will continue.
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