Iran and Oman agree on Strait revenue

Iran and Oman have reached an agreement regarding their shares in the Strait of Hormuz and its revenues. The Iranian Revolutionary Guard confirmed that the waterway remains under the sovereignty of Iran and Oman, and that negotiations focused on the distribution of revenues and each party's shares. The spokesperson for the Revolutionary Guard clarified that the strait will not be reopened unless the United States agrees to Iran's conditions. He also pointed out that the U.S. is obstructing understanding efforts, emphasizing that Iran will only reopen the strait if Washington accepts its terms. Iranian officials further assured that the new American sanctions will not affect Iran's resilience, as the country has been able to strengthen its military defenses and rebuild its previously damaged military systems.

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