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Iran says deal on Strait of Hormuz is close but will not open the waterway by itself

Iran says talks with Oman are near a shipping deal, but reopening the Strait of Hormuz still depends on U.S. conditions and compensation, officials said.

  • On Saturday, Iranian Foreign Minister Abbas Araqchi said Iran and Oman are "very close" to a deal on a new shipping route through the Strait of Hormuz, though reopening depends on U.S. compensation and other conditions.
  • Negotiations to control the strategic waterway are central to ending five months of war between Iran and the United States, which escalated after U.S. and Israeli attacks on February 28 disrupted global energy transit.
  • The Abu Dhabi National Oil Company reported that Iran hit another vessel on Saturday, bringing the total to 15 ships struck in what it called unprovoked attacks, resulting in one death and 20 injuries.
  • A U.S. official told Reuters on Friday that Washington expects a deal soon and will lift the blockade of Iranian ports, provided Iran meets specific performance-based implementation commitments.
  • Iran's Revolutionary Guards stated on Saturday that reopening the strait depends on Washington accepting conditions, with Guardsspokesperson Hossein Mohebbi telling Tasnim, "Whenever the United States accepts Iran's conditions, the Strait of Hormuz will certainly be reopened.
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54 Articles

Lean Right

In recent days, there have been several reports of an imminent agreement between Iran and Oman regarding the Strait of Hormuz.

·Borås, Sweden
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Center

Iran has conditioned, on Saturday, the reopening of the Ormuz Straits by granting compensation from the United States for alleged breaches of the Memorandum of Understanding agreed in June, informs EFE, according to Agerpres. Meanwhile, the Islamic Republic and Oman are advancing in negotiations to establish a new navigation route.

·Bucharest, Romania
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Oman said on Saturday that talks with Iran over the future administration of the Strait of Hormuz were "positive and constructive" but warned of repeated attacks on ships as Tehran continues its blockade of the vital waterway.

·Vilnius, Lithuania
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Lean Right

Iranian officials have revealed that a shipping lane agreement in the Strait of Hormuz with Oman is close to being finalized, but insisted that they will not reopen the strait until the United States meets Iran's conditions.

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India Today broke the news in Noida, India on Friday, August 7, 2026.
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