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Proposed Hormuz Deal Could Grant Iran Control Over Inbound Traffic

Sources indicate that a proposed deal regarding the Strait of Hormuz, involving Iran, Oman, and the US, is nearing completion and could grant Iran control over inbound maritime traffic. The potential agreement is being closely watched by markets and signals hope for de-escalation in the Middle East.

5 Aug, 07:58 — 5 Aug, 14:55
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Sources

Showing 6 of 7 sources
bloombergHigh5h ago

Sutcliffe: Markets Closely Watching Oman-Iran Talks

The prospect of an interim deal focused on the Strait of Hormuz gained traction after Qatar said a proposal had been drafted and both American and Iranian officials sounded hopeful about reopening the crucial waterway. President Trump told reporters in Los Angeles on Tuesday night that talks with Iran are “moving along very nicely,” adding, “We’ll know in 48 hours.” Megan Sutcliffe Principal Analyst for the Middle East and Africa at Sibylline spoke to Bloomberg’s Abeer Abu Omar on Horizons Mi...

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The GuardianMostly Factual3h ago

Middle East crisis live: US and Iran signal hope for Hormuz deal but terms unclear

While Trump suggests deal could come as soon as today, Iran indicates that ongoing talks with Oman would not lead to its immediate reopening Hello and welcome to our live coverage of the Middle East. US officials, including Donald Trump, have said a deal over the strait of Hormuz could be reached today, with continued diplomatic efforts potentially paving the way for US-Iran talks to resume. The possible agreement between Iran and Oman on arrangements for vessels to pass through the strait of...

By Taz Ali

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Al JazeeraMostly Factual3h ago

Iran, Oman, US ‘close’ to Hormuz deal: What do they all want?

An agreement could restore shipping through crucial waterway, paving way for peace talks between Tehran and Washington.

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cyprus-mail1h ago

Proposed Hormuz deal would give Iran control of inbound traffic, sources say

A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in one of the biggest concessions yet to Iran. Despite the apparent step towards yielding to Iranian demands, the sources pushed back […]

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channel-news-asiaMostly Factual2h ago

Proposed Hormuz deal would give Iran control of inbound traffic: Sources

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express-tribuneMostly Factual7h ago

Proposed Hormuz deal would give Iran control of inbound traffic, sources say

Tehran is seeking fees of between 5% and 7% of the price of cargoes from ships using the strait

By Reuters

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