Tehran-Muscat Deal Nears on Hormuz Tensions
Tehran and Muscat are reportedly close to finalizing an agreement that could ease tensions in the Strait of Hormuz, a critical waterway for global energy supplies. The proposed deal, which still requires approval from Iran's Supreme National Security Council, aims to restore maritime navigation through the strait and pave the way for technical negotiations.
The 60-day agreement is designed to address the current deadlock and provide a temporary solution to ensure the safety and security of this vital waterway. The Strait of Hormuz separates Iran from Oman and holds significant strategic importance, as approximately 20% of global oil supplies and around 25% of liquefied natural gas (LNG) exports pass through it.
Despite claims by US President Donald Trump that a deal to reopen the strait was imminent, sources have rejected these statements, citing several important details still needing to be finalized. Iranian Foreign Ministry spokesperson Esmail Baghaei described the negotiations between Tehran and Muscat as 'professional' and 'moving forward', adding that the two sides had reached a mutual understanding regarding the geographical parameters of the maritime route under discussion.