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Iran Nears Oman Deal on Hormuz but Sets Conditions for US
Iran says a deal with Oman setting new shipping routes through the Strait of Hormuz is in its final stages, though Tehran insists the strait stays closed until the US meets other demands. A US official said the agreement could soon reopen the waterway, which once handled a fifth of global oil and gas shipments.
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Iran says a deal with Oman setting new shipping routes through the Strait of Hormuz is in its final stages, though Tehran insists the strait stays closed until the US meets other demands. A US official said the agreement could soon reopen the waterway, which once handled a fifth of global oil and gas shipments.
Iran Demands Compensation, Sanctions Relief
Iran’s foreign minister said talks with Washington remain stalled, with messages passed through intermediaries. Tehran wants US compensation, an end to sanctions, and a halt to threats against its regional allies before the strait reopens.
Tensions Rise Elsewhere in the Region
The UAE says Iran struck a ship linked to its state oil firm. Meanwhile, Houthi forces hit a Saudi refinery days after Riyadh signed a new defence pact with Turkey and Pakistan.
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