Earlier, President Trump had said he would not accept a deal that grants Iran authority over the Strait of Hormuz|eutrophication&hypoxia|CC BY 2.0
Iran said yesterday that it was in the “final stages” of drafting an agreement with Oman, which could pave the way for reopening the Strait of Hormuz.
President Donald Trump signaled optimism Tuesday that an agreement could come within a couple of days, but the deadline passed without a deal. Talks remain complicated by Iran’s declaration that the Strait of Hormuz will not return to its prewar status as a freely accessible international waterway.
The proposed 60-day deal would create separate shipping lanes, with inbound vessels coordinating with Iran and outbound ships using a route through Omani waters.
Under the draft, Iran would oversee inbound traffic but would not be allowed to charge tolls or mandatory transit fees. However, it could receive voluntary payments for services such as security and search-and-rescue operations.
Iranian officials said both sides have agreed on the main framework, but the country’s top leadership must still approve the plan.
The United States and Gulf nations have reviewed the proposal. Earlier, Trump had said he would not accept a deal that grants Iran authority over the strategically important waterway.