Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman
Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.
TL;DR
- Iran's Revolutionary Guard claims the U.S. is obstructing a deal with Oman for safe transit through the Strait of Hormuz.
- The Revolutionary Guard stated the strait would remain closed if the U.S. does not accept Iran's conditions.
- President Trump asserted that the Strait of Hormuz is currently open and functioning.
- Iran and Oman are discussing a framework for a joint temporary navigational corridor and mine-clearing agreement.
- Oil prices have decreased following these statements and reports of potential U.S. sanctions on Iran's enablers.
- China has threatened retaliation if the U.S. expands economic pressure on nations trading with Tehran.