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The Economic Times
The Economic Times

Proposed Hormuz deal would give Iran control of inbound traffic, sources say

DUBAI/RIYADH: A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two ​regional officials told Reuters on Wednesday, in one of the biggest concessions yet ​to Iran.

Despite the apparent step towards yielding to Iranian demands, the sources pushed back against assertions by U.S. President Donald Trump that a deal ​reopening the strait was imminent, saying important details still had to be agreed.

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