Iran, Oman Near Deal on New Hormuz Shipping Route
The proposed arrangement would shift a significant portion of commercial traffic into Iranian waters, according to officials in Tehran.
Iran and Oman have achieved a mutual understanding on the geographical coordinates for a new shipping route via the Strait of Hormuz. While discussions are in the final stages of drafting a joint announcement, Iran’s Foreign Ministry spokesman emphasized that this arrangement alone will not reopen the strategic waterway. Deputy Foreign Minister Kazem Gharibabadi confirmed that principal understandings have been reached on most aspects of the proposed plan.
- Iran and Oman have reached an understanding on the coordinates for a new shipping route through the Strait of Hormuz.
- A joint announcement is in the final stages of review and drafting.
- Iran stated that the arrangement would not by itself reopen the strategic waterway.
- Third-party interference could jeopardize the process.
- Understandings in principle have been reached on nearly all aspects of the proposed arrangements.
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