Iran Wants to Ban U.S. and Israeli Vessels from Passing Through the Strait of Hormuz - Bloomberg

Iran seeks to ban the passage of American ships amid progress in talks with Oman on the Strait of Hormuz. This was reported by UNN, citing Bloomberg.

Details

According to reports by local media about the proposed agreement between Iran and Oman on managing this extremely important waterway, Iran will seek to ban U.S. and Israeli vessels from passing through the Strait of Hormuz and will demand that hostile countries pay compensation before they are allowed to use it.

The agreement has become a key factor in expectations for the resumption of operations in the Strait of Hormuz and the restoration of energy supplies, which were restricted following the U.S. and Israeli attack on Iran in February.

Shipping through the Strait of Hormuz, which operated freely before the war, has become the main sticking point in the deadlock in relations between the United States and Iran, which has lasted for several months, even despite the easing of hostilities. An agreement on this issue would ease the growing pressure on the global economy caused by rising energy prices and could potentially pave the way for negotiations on other issues, such as Iran's nuclear program.

The Fars agency, citing an informed source in Iran's Ministry of Foreign Affairs, reported that the draft agreement with Oman provides for Iran's control over vessels entering the Strait of Hormuz, while their exit would be jointly controlled by both countries. Under the draft, transit would take place through the "central corridor," while traffic along the other two routes, which are currently used on a limited basis, would cease within "certain time frames."

As a reminder

Iran announced that it had reached an agreement with Oman on shipping routes through the Strait of Hormuz.