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The Economic Times
The Economic Times
National

Iran, Oman home in on Hormuz Strait deal as ship attacks mount

Iran and Oman appear to be edging closer to a deal on how the Strait of Hormuz should be managed, agreeing on routes through the key waterway that’s proved a major stumbling block in efforts to end almost six months of war between the Islamic Republic and the US.

The finalization of a “shipping map” forms part of a broader accord to govern traffic through the strait and constitutes an independent arrangement between the two states that will uphold their sovereignty and ensure the safe transit of vessels, Defa Press cited Iranian Foreign Ministry spokesman Esmail Baghaei as saying. The state-run news agency didn’t spell out whether ships will be charged transit fees or what security arrangements would be made for them, saying another phase of talks would be held.

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