Araghchi arrives in Oman for talks
Iranian Foreign Minister Abbas Araghchi arrived in Muscat on Saturday, where he will speak with his Omani counterpart about the Strait of Hormuz.
Iranian Foreign Minister Abbas Araghchi arrived in Muscat on Saturday, where he will speak with his Omani counterpart about the Strait of Hormuz.
The U.S. believes that Iran fired at least two missiles at commercial vessels in the Strait of Hormuz the day before, Axios reported, citing sources in the U.S. administration.
Seven OPEC+ members have agreed to boost oil output by 188,000 bpd in August
The number of vessels passing through the Strait of Hormuz near the Omani coast has dropped to its lowest level, according to US media.
According to Bloomberg, European countries now view tolls for passage through the Strait of Hormuz as inevitable, while the United States is trying to block the initiative.
Oman has delivered a proposal to the United States and other Western countries outlining a plan under which shipping companies would pay service fees to use the Strait of Hormuz, The New York Times reported, citing sources.
This is the first time such an initiative has been discussed between the two countries
Iran and Oman held the first meeting of a joint committee on the Strait of Hormuz in Muscat to discuss current issues related to the narrow sea passageway and its future management, the Iranian deputy foreign minister said on Monday.
Oman announced the opening of a temporary maritime corridor for vessels transiting the Strait of Hormuz, citing its responsibility toward one of the world's most important shipping routes and its commitment to freedom of navigation.
The program of the visit will include a meeting with the Sultan of Oman, Haitham bin Tariq Al Said
Russia said it is lifting its advisory urging citizens to avoid travel to Gulf countries, following a U.S.-Iran memorandum of understanding aimed at ending military conflict and de-escalating tensions in the region.
Iran has granted a 60-day deferral for the duration of further negotiations with the United States, and during this period, Tehran will not demand payment for services related to safe passage through the Strait of Hormuz, the Fars agency reported, citing a source.
Azerbaijan Airlines is preparing to launch a flight from Baku to Muscat. Its presentation took place in the capital of Oman.
Seven OPEC+ countries have decided to increase their oil production quotas by 188,000 barrels per day (bpd) in July, thus bringing the alliance's total quota for July to 35.83 million bpd, excluding overproduction compensation for countries violating the OPEC+ deal, OPEC said.
Iranian assets could be made available to Persian Gulf countries to cover damage already inflicted by the Islamic Republic — or any future harm it may cause. Which assets are involved, however, has not yet been disclosed.
The United States has pressed Oman to pick a side and cut diplomatic ties with Iran, according to The Wall Street Journal.
Iran said the work is underway with Oman to draft an agreement to govern the Strait of Hormuz, with a senior lawmaker stressing that only the two countries have the right to decide how the strategic waterway is managed.
Iran’s Foreign Ministry on Thursday sharply condemned overnight U.S. strikes in the south of the country, accusing Washington of undermining the ceasefire.
Oman and Iran have held talks to discuss principles of ensuring safe navigation in the Strait of Hormuz, the Omani foreign ministry said.
Iran will soon resume dialogue with Oman on developing new shipping regulations in the Gulf region, particularly in the Strait of Hormuz, Iran's Foreign Ministry Spokesman Esmaeil Baghaei announced on Monday.