Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source
Iran would clear mines and halt transit fees before ships can pass freely, while a 60-day ceasefire extension would allow nuclear talks, Nikkei reported.
- On Monday, Japan's Nikkei newspaper reported the United States and Iran are discussing a plan to reopen the Strait of Hormuz about 30 days after reaching a deal to end hostilities, with Iran clearing mines and halting transit fees.
- Tehran closed the strategic waterway after U.S.-Israeli attacks began February 28, trapping thousands of ships in the Gulf and prompting Trump's Sunday announcement that the two sides had "largely negotiated" a peace deal.
- Under the plan, Iran would clear mines during the 30-day post-agreement window, enabling ships from all countries to navigate freely and safely, while a 60-day ceasefire extension would allow talks on Iran's nuclear program.
- President Trump cautioned against rushing the deal on Sunday, writing on Truth Social that the U.S. blockade would "remain in full force and effect until an agreement is reached, certified, and signed," while Tasnim news agency, linked to Iran's Revolutionary Guards, disputed U.S. commitment over frozen funds.
- Multiple obstacles remain unresolved, including Iran's nuclear ambitions, Israel's war in Lebanon with Iranian-backed Hezbollah, and Tehran's demands for lifting sanctions and releasing tens of billions in frozen oil revenues, as Iran's Persian Gulf Strait Authority asserted control on Wednesday.
48 Articles
48 Articles
Iran to reopen Strait of Hormuz within 30 days of peace agreement
New Delhi, May 26: Iran expressed readiness to reopen the Strait of Hormuz within 30 days after it reaches an agreement with the United States to end hostilities The United States and Iran have developed a “framework” that extends their ceasefire 60 days as the two sides reach a “final deal” to end the war in Iran, while in the meantime, the Strait of Hormuz would be de-mined and reopened, a senior Iranian official said. Iran would proceed to …
Between news that the Strait of Ormuz is about to open to navigation because President Donald Trump has managed to convince the Iranian regime of this and information that Tehran will not open the strait until formal negotiations are opened – until news that its opening will only take 30 days after the start of these negotiations, which for some sources is 60 days, almost everything has been said on the subject. With the brent closing the day be…
US-Iran Strait of Hormuz talks: All about a 30-day plan, Tehran's toll reversal and what Rubio said in Jaipur
A fifth of the world's oil flows through the Strait of Hormuz. Since February, barely a fraction of normal shipping has passed through. Here is what the reported US-Iran 30-day reopening plan would mean for global energy markets
The date will count to the time of the U.S. deal.
Although the U.S. and Iran have begun negotiations to reopen the Strait of Hormuz, the international shipping and energy industries view the strait's reopening and the normalization of supply as separate issues, and the Financial Times (FT) and the New York Times (NYT) reported on the 25th that "global crude oil supply is expected to return to pre-war levels no earlier than September." The NYT predicted that it would take weeks to months just fo…
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