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Iran and Oman reach Hormuz deal, but reopening hinges on US compliance
Iran and Oman have agreed on sharing the Strait of Hormuz and its revenues, but the reopening of the waterway depends on US compliance with their conditions, according to Iran’s Revolutionary Guards. The two countries have been in ongoing talks about managing traffic through the strait, which carries one-fifth of global oil and liquefied natural gas.
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Also covered by
- Livemint: Iran, Oman Push Talks for ‘Interim’ Reopening of Hormuz
- NDTV Top Stories: Iran And Oman Agree To Share Revenues From Strait Of Hormuz
- Economic Times: 'Iran, Oman reach deal on Hormuz, revenues'
- Hindustan Times World: Iran, Oman reach agreement on sharing Strait of Hormuz, its revenue? Here's what we know
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