Understanding reached on coordinates for shipping route through Hormuz, Iran says

Joint statement with Oman is being finalised, but Tehran says deal alone would not guarantee waterway’s security

Understanding reached on coordinates for shipping route through Hormuz, Iran says

TL;DR

  • Iran and Oman have reached an understanding on geographic coordinates for a shipping route through the Strait of Hormuz.
  • A joint announcement is being finalized, contingent on the non-interference of certain third parties.
  • The proposed deal could give Tehran control over ships entering the gulf via the strait.
  • This agreement is viewed as a potential step towards a broader US-Iran ceasefire and reopening the strait for marine traffic.
  • Iranian officials stated that the deal itself would not guarantee security in the waterway and that important details are still pending.
  • The Strait of Hormuz was a neutral waterway before joint US and Israeli strikes in February led to Iran attacking shipping.