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Iran said Sunday it is nearing a final agreement with Oman on new shipping routes through the Strait of Hormuz, while repeating that the United States must still meet a separate set of conditions — including paying compensation and ending sanctions and military threats — before the strategic waterway reopens.
A US official said Friday that a deal between Iran and Oman appears imminent and could pave the way for restoring safe passage through the strait, a key route for oil and gas shipments before Iran shut it in response to US and Israeli strikes that began in late February.
Iranian Foreign Minister Abbas Araghchi said Sunday the talks with Oman over the strait have reached their "final stages," but reiterated comments from Saturday that Tehran will not reopen the passage until the US meets specific demands. He said Iran and the US are not holding direct talks, and Tehran won't begin them as long as Washington keeps violating a temporary agreement signed in June — with messages instead being relayed through intermediaries.
US President Donald Trump, in an interview with Axios, said the US is dealing with Iran "quietly," adding: "We're only having partial negotiations with them. We're just watching Iran, given the massive inflation they're dealing with, and the fact that they have no money."
Compensation among Iran's conditions
Araghchi said reopening the strait partly hinges on the US paying compensation for damage caused by its strikes on Iran. Mohammad Bagher Zolghadr, secretary of Iran's Supreme National Security Council, listed further demands: an end to further US threats against Iran, a halt to attacks on Iran and its allies in Lebanon, the Palestinian territories, Yemen and Iraq, lifting the US naval blockade in the Gulf, removing sanctions on Tehran, and releasing frozen Iranian assets.
The US and Israel struck Iran more than five months ago, in strikes Trump said were aimed at preventing Iran from developing nuclear weapons and undermining its ability to threaten the region. Washington and Tehran agreed to a ceasefire in June, but the US resumed its blockade on Iranian shipping in the Gulf in July — which Tehran said violated a truce that had, by that point, already effectively collapsed.
A US official, speaking on condition of anonymity, said that once a deal to resume unimpeded commercial shipping is announced, the US will lift the blockade on Iranian ports, with further American steps tied to Iran meeting its own obligations. Sources told Reuters the emerging arrangement would apparently give Tehran control over ship traffic entering the Gulf through the strait — something shipping companies say would not be easy to implement in practice.
The UAE said Saturday that Iran attacked a vessel belonging to its national oil company; Tehran, whose Revolutionary Guard has previously struck ships it said tried to cross the strait without Iranian permission, has not yet commented.