Azernews.Az

Ulviyya Poladova

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Tehran and Muscat have reached an understanding on the main parameters of an agreement aimed at restoring maritime navigation through the Strait of Hormuz, AzerNEWS reports, citing Al Arabiya.

The agreement could reportedly be announced in the coming days, although it still requires approval from Iran’s Supreme National Security Council. The proposed deal is expected to remain in effect for 60 days and is designed to break the current deadlock and pave the way for technical negotiations.

Despite the apparent progress toward addressing Iran’s demands, sources rejected claims by U.S. President Donald Trump that a deal to reopen the strait was imminent, saying that several important details still need to be finalized.

Iranian Foreign Ministry spokesperson Esmail Baghaei described the negotiations between Tehran and Muscat as "professional" and "moving forward," adding that the two sides had reached a mutual understanding regarding the geographical parameters of the maritime route under discussion.

The Strait of Hormuz is a narrow maritime passage between the Persian Gulf and the Gulf of Oman, holding significant strategic importance as approximately 20% of global oil supplies and around 25% of liquefied natural gas (LNG) exports pass through it. Essentially, it serves as an energy artery for countries in Asia, Europe, and even the United States.

The strait separates Iran from Oman, and in some areas, the width of the shipping channel is only two miles on each side. Given its critical role in global energy supply chains, ensuring the safety and security of this vital waterway is paramount for international trade and economic stability.

Image: Reuters