Command Palette

Search for a command to run...

News

Iran-Oman Hormuz Talks Advance as Trump Renews Military Threat

Iran and Oman are nearing a temporary shipping arrangement for the Strait of Hormuz, but disputes over control, fees and the U.S. blockade remain as President Trump renews military threats.

Iran-Oman Hormuz Talks Advance as Trump Renews Military Threat
Click to expand

A narrow opening for diplomacy

Iran and Oman have moved closer to an arrangement for safer shipping through the Strait of Hormuz, but officials say no final agreement has been reached. Secretary of State Marco Rubio said progress had been made and voiced hope for a conclusion soon, while Treasury Secretary Scott Bessent suggested a deal could come within days.pbs +1 The diplomatic push unfolded as President Donald Trump warned Iran of “decapitation” if negotiations failed.cbsnews +1

Tehran insists it is negotiating with Oman, not directly with Washington. Iranian Foreign Ministry spokesperson Esmaeil Baghaei said the talks concern temporary inbound and outbound routes that would protect navigation while addressing both countries’ security and sovereign rights.cbsnews +1 Qatar, Pakistan and Oman are also exchanging proposals and trying to bring the United States and Iran back into direct contact.cbc +1

Control of the waterway remains disputed

Two regional officials said the emerging framework could send inbound ships through an Iranian-controlled route and outbound traffic through a route controlled by Oman, with service fees for security and environmental protection. A U.S. official rejected Iranian approvals or charges and said Washington wants a return to unrestricted passage.pbs

Those differences go to the heart of the dispute. Iran wants greater authority over traffic, while the Trump administration has said no country should control passage through the strait. One account of the negotiations said part of the proposed outbound route would cross Iranian waters, potentially giving Tehran temporary control over both directions.ms The Washington Post reported that Oman had proposed splitting traffic between the two coastlines and using voluntary contributions rather than compulsory tolls.washingtonpost

Markets rally while shipping risks persist

The strait normally carries roughly one-fifth of global oil and liquefied natural gas shipments, making even tentative progress consequential for energy prices.cbc Oil fell sharply and stocks rose as U.S. officials promoted the prospect of an agreement, although Brent crude later recovered some ground.cnbc +1

Conditions at sea remain dangerous. A cargo vessel reported being struck by an unidentified projectile near Oman, with its crew abandoning ship and one seafarer missing, according to maritime reporting cited by CBC.cbc Shipping data also showed traffic remained constrained, underscoring that political statements have not yet restored normal commercial passage.cbsnews

Any Hormuz arrangement would be only an initial step. Trump has framed reopening the waterway as phase one, followed by negotiations over Iran’s nuclear program.cbsnews +1 The unresolved questions over tolls, control and the U.S. blockade leave ample room for another breakdown, even as mediators describe the current contacts as their most advanced recent effort.