Iran, Oman Discuss Giving Tehran Control Over Hormuz Strait In US Deal Talks
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Iran and Oman are discussing an agreement that could give Tehran control over shipping through the Strait of Hormuz, Reuters reported, citing sources. The potential deal, part of efforts to end a five-month conflict between Iran and the US, would be one of the largest concessions to Iran, according to a senior Iranian source and two regional officials.
The Proposed Deal
Iran and Oman are negotiating a deal that would give Iran control over vessels entering the Persian Gulf through the Strait of Hormuz, a key global energy chokepoint. The agreement is part of diplomatic efforts to end a five-month conflict between Iran and the United States. A senior Iranian source and two regional officials told Reuters the move would be one of the largest concessions to Iran. While President Donald Trump has said a deal to resume shipping through the strait could be reached soon, U.S. officials have repeatedly stressed that Washington would not agree to cede control to Tehran.
Fee Disputes and Inspections
Key details remain unresolved, including how control will be exercised. Regional countries insist that vessel inspections be conducted under their oversight and that any payments be voluntary. Iran is pushing to levy a fee of 5 to 7 percent of cargo value, while Oman has discussed a rate of around 3 percent, according to Reuters. The United States opposes any charges. Before the war, the strait was open to all ships without tolls.
Market Impact and Regional Warnings
Oil prices edged higher as investors remained cautious about the progress of talks, Reuters reported. Iran has separately warned Gulf states that it could strike their energy infrastructure if the U.S. attacks Iranian facilities. 'Iran's warning was unequivocal: if the U.S. hits Iran's infrastructure, there will be a response targeting energy facilities in the Gulf countries and other regional targets,' one source told Reuters. Speaking at a rally in Las Vegas, Trump said he would prefer a diplomatic solution but that the U.S. might have to act.
What's Next
Negotiations are expected to continue in the coming weeks, but no timeline has been set. It remains unclear whether Washington will ultimately accept any form of Iranian control over the strait, a prospect that could reshape energy security in the Gulf.
2 sources
Iran, Oman Discuss Giving Tehran Control Over Hormuz Strait In US Deal Talks
