
4 days · 8 summary articles
Iran and Oman finalized an agreement on geographic coordinates for a shipping route through the Strait of Hormuz, with a joint announcement in its final stages, Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday. The proposed route would split control of the strait, with ships entering the Persian Gulf through a northern lane in Iranian waters and exiting via a southern lane in Omani waters, according to a senior Iranian source and two regional officials .
Baghaei stated the deal alone would not guarantee security in the strait, citing ongoing U.S. actions, including a blockade of Iranian ports, as factors affecting the situation . The agreement, described as an interim solution, would allow Iran to clear naval mines from the route before other shipping resumes, according to CNN .
U.S. President Donald Trump dismissed reports of munitions shortages and threatened to strike Iran “really hard” if no deal was reached, while also characterizing talks as positive . Iran’s regime warned Gulf states that any fresh U.S. attack would trigger retaliation against regional energy infrastructure, according to Reuters .
The proposed arrangement would grant Tehran control over ships entering the Gulf, a concession that falls short of Trump’s initial war objectives, Reuters reported . Iran and Oman have not yet publicly addressed tolls, with Iran seeking fees of 5–7 units for transit, Oman preferring around 3, and the U.S. opposing any charges, according to a Reuters report cited by IntelSlava .
Final approval for the deal is pending from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, France 24 reported, citing two regional officials . Meanwhile, hardline factions in Iran’s regime have mobilized against the agreement, awaiting Khamenei’s decision, Die Presse reported .
Global markets reacted cautiously, with oil prices steady at around $80 per barrel as traders awaited official confirmation of the deal . The British pound remained flat against the dollar and euro, with analysts noting markets were focused on potential disruptions to oil flows .
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