Oman abandons joint fee plan with Iran for Hormuz passage - Media
Oman has effectively halted negotiations with Iran over the Strait of Hormuz following US threats, The New York Post reports
Oman has effectively halted negotiations with Iran over the Strait of Hormuz following US threats, The New York Post reports
Muscat and Riyadh have stressed the importance of regional de‑escalation and discussed prospects for developing bilateral relations.
Brent crude rose above $92 per barrel on Monday, extending gains from the previous session amid renewed hostilities in the Middle East.
Iraqi Foreign Minister Fuad Hussein and Omani Foreign Minister Badr al-Busaidi agreed that the U.S. oughened anti-Iranian sanctions will impair trade, economic, and financial cooperation with Iran and will have a negative impact on the situation in the region, the Iraqi foreign ministry said after their phone call.
Iran and Oman have reached an agreement to share shipping revenues from the Strait of Hormuz, Islamic Revolutionary Guard Corps (IRGC) spokesman Hossein Mohebbi said.
Iran and Oman agreed to establish a temporary maritime corridor in the Strait of Hormuz that they will jointly oversee, Iranian Deputy Foreign Minister Kazem Gharibabadi said.
The details of the meeting will become known later
An oil tanker was damaged and left not under command in an attack off the coast of Oman, the United Kingdom Maritime Trade Operations (UKMTO) said.
Oman has said it does not take Donald Trump's threats to strike the country seriously.
U.S. President Donald Trump threatened Oman because he is angry about the fact that the sultanate is close to reaching an agreement with Iran regarding the Strait of Hormuz, Associated Press reported citing sources.
The negotiation process between Iran and Oman to reach an agreement on security in the Strait of Hormuz has been held up by the U.S. and Israel and their attempts to interfere in the process, Iranian Foreign Ministry Spokesman Esmail Baghaei said.
Oil-exporting countries are secretly shipping fossil fuels through the Strait of Hormuz, which is one of the factors holding back energy price increases, Bloomberg reported.
Iranian Foreign Ministry spokesman Esmaeil Baghaei said that Iran has reached an agreement with Oman on a shipping route map for the Strait of Hormuz after weeks of technical negotiations.
Iranian Foreign Ministry Spokesman Esmaeil Baghaei said oil pollution might have caused trillions of dollars of damage to the region’s marine ecosystem.
Companies from Saudi Arabia and Oman have opened a new logistics corridor spanning over 500 kilometres to boost supply chain efficiency between the two countries.
Iran is battling an oil spill off Qeshm Island, underscoring the environmental risks posed by attacks on tankers in the Persian Gulf, Bloomberg reported.
Consultations between Oman and Iran on de-escalation in the region are at a crucial stage, Qatari Foreign Ministry official representative Majed bin Mohammed al-Ansari said.
Iran and Oman have agreed to establish new mechanisms to ensure security in the Strait of Hormuz as part of talks on an agreement to manage the waterway, Iranian Foreign Ministry Spokesman Esmaeil Baghaei said.
The United States plans to lift the blockade on Iranian ports immediately after an agreement is reached on the resumption of unimpeded shipping in the …
Iranian media reports that negotiators from Iran and Oman have finally reached an agreement on the basis of a deal to secure shipping through the Strait of Hormuz.