Published • loading... • Updated
Proposed Hormuz deal would give Iran control of inbound traffic, sources say
Iran is seeking 5% to 7% cargo fees in a draft that would let it control ships entering the Gulf, sources said.
- A proposed agreement between Iran and Oman would give Tehran control over ships entering the Gulf via the Strait of Hormuz, according to a senior Iranian source and two regional officials who spoke to Reuters on Wednesday.
- Months of U.S. military strikes failed to break Iran's grip on the Strait, prompting a diplomatic pivot; negotiations now center on transit fees, with Tehran seeking 5–7%, Oman proposing around 3%, and Washington demanding no fees.
- President Donald Trump told Fox News talks were "moving along nicely" and the Strait "is going to be open very soon," yet U.S. officials insist they would never accept any arrangement allowing Iran to control access.
- Oil prices ticked higher on Wednesday after the Iran-aligned Houthi movement reported firing on a Saudi-flagged tanker in the Red Sea, continuing efforts to enforce a blockade on Saudi oil shipments.
- Iranian sources warn that "The devil is in the details" regarding finalization, as significant hurdles remain despite U.S. political pressure to end the war most voters oppose.
Insights by Ground AI
26 Articles
26 Articles
Tehran proposes to Oman a system that would attribute to it the monitoring of traffic and the collection of fees related to safety and environment issues
·Madrid, Spain
Read Full Article
Coverage Details
Total News Sources26
Leaning Left4Leaning Right7Center10Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 19%
C 48%
R 33%
Factuality
To view factuality data please Upgrade to Premium
