7 Hrs
Source:
CNN Arabic
Iran: Oman deal doesn't open Hormuz
Iran and Oman have reached an understanding regarding the management of maritime traffic through the Strait of Hormuz. The agreement is scheduled to be announced soon in the presence of regional foreign ministers. However, it affirms that this understanding does not include a full opening of the strait, and Iran has informed the United States through intermediaries that it will continue to close the strait unless Washington fulfills Iranian demands. The agreement also includes routes within Iranian territorial waters to prevent escalation. This comes as part of efforts to regulate maritime navigation and reduce tensions in the region, following recent tensions that led to a rise in oil prices.
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