Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
James Reynolds

What we know as Oman calls off talks with Iran over Strait of Hormuz

  • Oman has postponed diplomatic talks with Iran regarding the future of the Strait of Hormuz in the interests of consensus, dampening hopes for an immediate breakthrough .
  • Omani foreign minister Sayyid Badr Albusaidi confirmed no alternative date has been set, though Oman remains committed to regional dialogue.
  • Iran had planned to present a joint proposal on governing shipping routes through the Strait, which handled around a fifth of global oil supplies before the war.
  • Shipping companies warned that any agreement granting Iran formal control over the international waterway could set a dangerous precedent and increase Tehran 's leverage with the US .
  • The cancellation comes amid ongoing security risks in the channel, where a projectile attack on a vessel on Sunday pushed global oil prices up to $102.35.

IN FULL

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.