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Iran, Oman, US ‘close’ to Hormuz deal: What do they all want?

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Iran, Oman, US ‘close’ to Hormuz deal: What do they all want?

GCC News

An agreement could restore shipping through crucial waterway, paving way for broader peace talks between Tehran and Washington.

The United States, Iran and Oman appear to be edging closer to an interim agreement that could reopen the Strait of Hormuz, raising hopes of easing a crisis in one of the most dangerous flashpoints in the Middle East.

The proposed agreement, which has been under negotiation for several weeks, is intended to restore the June 17 ceasefire between Washington and Tehran; resolve disputes over shipping through the strategic waterway, through which one-fifth of the world’s oil supplies had been shipped in peacetime; and create space for broader negotiations on Iran’s nuclear programme and other issues.

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US President Donald Trump struck an optimistic tone on Tuesday evening, telling reporters negotiations with Iran were “moving along very nicely”.

“We’ll find out. We’ll know in 48 hours,” he said when asked whether a deal was imminent. “The strait is going to be open very soon, or they’re going to get hit very hard, and then the strait is going to be open.”

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