Iran and Oman have agreed on how to share control and revenue from the Strait of Hormuz, Iran’s Revolutionary Guards said on Wednesday.
The two countries continue talks on restoring shipping through the key waterway. Iran, however, said the Strait will not reopen unless the United States agrees to its conditions.
Iran’s Revolutionary Guards spokesman Hossein Mohebbi said on Wednesday that Iran and Oman had reached agreements on each country’s share of the waters of the Strait and the revenue generated by the waterway.
Mohebbi also accused the United States of holding up the talks between Iran and Oman.
He said the Strait could reopen if US stopped blocking the process and returned to the agreement. If the United States does not accept Iran’s conditions, he said, the Strait will not reopen.
The Strait of Hormuz is a major route for global energy trade. Before the war began on Feb. 28, about one-fifth of the world’s
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