Despite Oman-Iran finalising route deal, Hormuz remains closed

Oman and Iran announce that they have finalised a long-awaited agreement for transit routes regarding the Strait of Hormuz.

Washington has announced fresh sanctions aimed at pressuring Iran into submission, with Treasury Secretary Scott Bessent threatening the Islamic republic with "economic asphyxiation".

Deputy foreign minster says the route's entry as well as part of the exit would run through Iranian territorial waters.

In the Iranian capital, long queues formed at petrol stations after authorities said fuel quotas would be reviewed

Iran and Oman are discussing a temporary transit corridor and mine-clearing for the Strait of Hormuz, b

Trump threatens to launch new strikes on nuclear site as well as Iranian military ships in the key waterway

TEHRAN, Iran (AFP) -- Iran and Oman are discussing a temporary transit corridor and mine-clearing for the Strait of Hormuz, but Tehran warned on Wednesday that the vital waterway will not be reopened unless the United States ends the war. Washington has announced fresh sanctions aimed at pressuring Iran into submission

Iran’s deputy foreign minister says Hormuz to remain closed despite temporary Oman deal Iranian Deputy Foreign Minister Kazem Gharibabadi said in a televised interview on Tuesday that the Strait of Hormuz remains closed despite a temporary transit agreement with Oman. “America and other countries should know that

Iran and Oman on Tuesday discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz.

"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate."