Iran and Oman working on Hormuz Strait agreement, official says
An Iranian official says Tehran and Muscat are negotiating details of a potential agreement on the Strait of Hormuz, but no deal has been finalized.
Key Takeaways
AIAn Iranian official said that his country is working with Oman on the details of an agreement regarding the Strait of Hormuz.
The official told Reuters that no final agreement has yet been reached with Oman concerning the strait.
The Iranian Revolutionary Guard previously announced that the Strait of Hormuz would not be opened unless the United States accepts Iran's conditions.
Iran wants to require ships passing through the Strait of Hormuz to pay transit fees to be shared with Oman, a proposal the United States has rejected.