Iran-Oman discuss Strait of Hormuz transit
The opening of the Strait of Hormuz is contingent upon Washington fulfilling seven conditions, amid differing Iranian and American positions regarding control of the strait. An Iranian source confirmed that its opening depends on Washington implementing these conditions. This coincided with increased regional movements and Iran's announcement of its intention to take control of the strait, following a 2% drop in oil prices after a report by the Financial Times about Iranian threats to disrupt passage through the strait. These developments come amid escalating tensions between Tehran and Washington over control of the most vital maritime route for oil in the region.
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