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Iran announces Hormuz revenue-sharing deal with Oman, ties reopening to US

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Iran announces Hormuz revenue-sharing deal with Oman, ties reopening to US

Iranian Brigadier General Hossein Muhibbi announced that Iran and Oman reached agreements on sharing Hormuz Strait revenues and their respective shares. He said the strait's reopening depends on the United States returning to the June 17 memorandum and accepting Iran's conditions. Muhibbi claimed all enemy warships are at least 400 kilometers from the strait and no ship can pass without Iran's permission.

Key Facts

  • Iran and Oman reached agreements on their shares of the Hormuz Strait and on revenue sharing, according to Brigadier General Hossein Muhibbi.
  • Muhibbi said the strait's reopening depends on the United States returning to the June 17 memorandum and accepting Iran's conditions.
  • Muhibbi claimed all enemy warships are at least 400 kilometers from the Hormuz Strait and no ship can pass without Iran's permission.
  • The first phase of the June 14 Iran-US agreement, brokered by Pakistan, provided for the strait's opening and a 60-day waiver of transit fees in exchange for releasing frozen Iranian assets.
  • Iranian Deputy Foreign Minister Kazem Gharibabadi announced an agreement with Oman to activate a joint corridor in the Hormuz Strait.

Iran-Oman Negotiations

Brigadier General Hossein Muhibbi said negotiations with Oman began about a month ago and produced mutually accepted agreements. The talks covered the two countries' shares of the strait and their shares of revenues. Muhibbi asserted that the waterway near Oman is fully under Iranian control. Iranian Deputy Foreign Minister Kazem Gharibabadi announced an agreement with Oman to activate a joint corridor in the Hormuz Strait.

US Role and Conditions

Muhibbi accused the United States of trying to obstruct the Iran-Oman negotiation process, causing delays. He said Iran could open the Hormuz Strait if the US stops obstructing and returns to the memorandum signed on June 17. Iran's conditions must be accepted by the United States, Muhibbi stated, adding that without acceptance the strait will not open. The first phase of the June 14 Iran-US agreement, brokered by Pakistan, provided for the strait's opening and a 60-day waiver of transit fees in exchange for releasing frozen Iranian assets. After the memorandum was signed, the US did not release Iran's frozen assets and instead designated an alternative route through Omani territorial waters.

Military Situation

Muhibbi claimed that, contrary to US statements, no military ships are present in the Persian Gulf and the Hormuz Strait. He said all enemy warships are positioned at least 400 kilometers from the Hormuz Strait. Iran restricted passage through the strait and struck some ships attempting unauthorized transit, considering US actions a violation of the memorandum. Tensions escalated into violent clashes around the Hormuz Strait starting July 8 and lasting about two weeks.

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Iran announces Hormuz revenue-sharing deal with Oman, ties reopening to US