Iran says revenue-sharing deal reached with Oman over Strait of Hormuz
Iran’s Revolutionary Guard announced an agreement with Oman on sharing revenues and waters of the Strait of Hormuz, citing US interference in talks.
Key Takeaways
AIIran’s Islamic Revolutionary Guard Corps has announced that Tehran has reached an agreement with Oman on each side’s share of revenues from the Strait of Hormuz.
The Guard added that the deal with Oman also covers the sharing of the strait’s waters, noting that negotiations had been delayed due to US interference, according to Al Arabiya.
The announcement comes as Iran continues to insist on imposing transit fees for passage through the Strait of Hormuz, a move opposed by the United States.
Recently, Pakistan’s army chief Asim Munir visited Iran carrying a list of US demands aimed at resuming negotiations between the parties, with reopening the Strait of Hormuz as a key issue.