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Iran, Oman move closer to Hormuz shipping agreement

ByJustpaste.in

TEHRAN: Iran and Oman have reached a preliminary understanding on the geographic coordinates of a proposed shipping route through the Strait of Hormuz, marking progress in negotiations aimed at regulating navigation through one of the world’s most strategically important waterways.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said discussions between Tehran and Muscat had advanced positively and that both sides had agreed on the geographical framework of the proposed route. He added that a joint statement outlining the key points of the understanding was in its final stages and could be issued if the process is not disrupted by external factors.

Despite the progress, Baghaei emphasised that the agreement alone would not automatically guarantee security in the Strait of Hormuz. He noted that ensuring stability in the region would require broader cooperation and continued diplomatic engagement.

According to regional officials familiar with the negotiations, the proposed arrangement would give Iran a greater role in overseeing vessels entering the Gulf through the strategic waterway. However, several technical and operational issues still need to be resolved before any final agreement can be implemented.

The Strait of Hormuz remains one of the world’s busiest energy transit routes, carrying a significant share of global oil and gas exports. Any changes to shipping arrangements in the area are closely watched by international markets due to their potential impact on global trade and energy supplies.

Officials involved in the negotiations described the talks as constructive, while indicating that further consultations would continue before a formal announcement is made. Both Iran and Oman have maintained that dialogue remains the preferred path for addressing issues related to maritime navigation and regional stability.

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