Iran Links Hormuz Reopening to U.S. Ending Naval Blockade
Iran said the Strait of Hormuz will reopen only if the United States ends its naval blockade and other actions, amid ongoing negotiations with Oman. A technical navigation plan is being discussed, and no vessel transit fees have been agreed.
Iran has stated that the reopening of the strategic Strait of Hormuz is conditional on the United States halting its naval blockade and other unspecified actions. The statement comes as Tehran and Muscat make progress on a bilateral navigation plan.
Negotiations with Oman are described as proceeding smoothly and constructively, though some technical details remain under discussion. The two sides have reached an agreement on the framework for maritime coordination.
No discussion has yet taken place regarding transit fees for vessels using the waterway. However, charges for associated maritime services could be introduced in the future.
Source: First Squawk