Reuters: Iran to oversee Strait of Hormuz
A proposed agreement between Iran and Oman grants Tehran control over ships passing through the Strait of Hormuz, making it one of the largest concessions Iran has made to date. The deal includes allowing shipping movements to pass through Iranian waters. The text stipulates that ships entering and exiting the strait will do so via Iran's territorial waters, with fundamental understandings regarding navigation routes. However, major issues remain unresolved, and the specifics of control have yet to be determined. These developments come amidst U.S. pressure opposing Iranian control over the strait, as well as military and economic developments that threaten the stability of global energy supplies.
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