Iran outlines new terms for Strait of Hormuz reopening

Currently, negotiations are underway between Iran and Oman regarding the management of the Strait of Hormuz. The two parties are close to reaching an agreement to establish a provisional navigation route, with the aim of restoring ships' movement to normal after the passage rate dropped to 60% of the usual level over two weeks due to American violations and military confrontations. Iran emphasizes that reopening the strait is conditional upon the implementation of specific terms related to addressing violations of the memorandum of understanding signed with the United States in June, particularly compensating for the violations committed by Washington, which Iran considers unacceptable. The region continues to experience ongoing tensions, with at least one oil tanker targeted. Iran warns that attacks are escalating and pose a threat to the stability of navigation, while Oman describes the talks as "constructive," emphasizing the importance of ending Iranian attacks to maintain progress.

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