header logo
Vallibel FD
Mogo Academy
Selan Bank
Latest
Iran ties Hormuz reopening to US concessions on several demands
Aug 10, 202606:10 AM
Iran ties Hormuz reopening to US concessions on several demands
Mobitel inner 1278

Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the ​U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened.

 

A U.S. official told Reuters on ‌Friday that Iran and Oman were close to a deal that could pave the way for restoring safe passage through the strait, a major conduit for oil and gas shipping before Iran blocked Hormuz in response to U.S. and Israeli attacks on Tehran that began in late February.

 

Iranian Foreign Minister Abbas Araqchi said on Sunday an agreement with Oman on the strait was in its "final stages" but reiterated comments made on Saturday that ​Tehran would not reopen the channel unless the U.S. met certain demands made by Tehran.

 

The deal with Iran would set out the new shipping lanes to be used once ​the U.S. fulfils those conditions and the strait is reopened, Iran's Mehr news agency quoted him as saying.

 

Iran and the U.S. are not ⁠engaged in direct talks, and Tehran will not start them as long as Washington breaches an interim deal signed in June, Araqchi said, adding that messages were being exchanged through intermediaries.

 

U.S. ​President Donald Trump said in an interview with Axios that the U.S. was "low-keying" it with Iran.

 

"We are only semi-negotiating with them. We are just watching Iran with its huge inflation and ​the fact they have no money."

 

CONDITIONS INCLUDE COMPENSATION

 

Araqchi said reopening the strait would depend in part on the U.S. paying compensation for damage it caused in widespread attacks on Iran.

 

The secretary of Iran's top national security body, Mohammad Baqer Zolqadr, also listed ending further U.S. threats against Iran; halting aggression toward Iran and its Lebanese, Palestinian, Yemeni and Iraqi allies; removing a U.S. naval blockade in the Gulf; lifting sanctions on Iran; and ​releasing frozen Iranian assets.

 

The United States and Israel launched air strikes on Iran more than five months ago. Trump has said the attacks were aimed at keeping the Islamic Republic ​from developing nuclear weapons and degrading its ability to threaten the region.

 

Washington and Tehran agreed to a ceasefire in June, but the U.S. reimposed a blockade on Iranian shipping in the Gulf in July, a ‌move that ⁠Tehran said violated the truce, which by then had already broken down.

 

"Once the deal is announced to restore commercial shipping without impediments, the United States will lift the blockade of Iranian ports," the U.S. official told Reuters on condition of anonymity.

 

U.S. actions would be tied to Iran's implementation of its commitments, the official said.

 

The U.S. comments indicated delicate sequencing toward a deal that sources had told Reuters appeared to be set to give Tehran control over vessel traffic entering the Gulf through the strait, which shippers have said was not easily workable.

 

The United Arab Emirates said ​on Saturday that Iran had attacked a ship affiliated ​with its state oil company. There ⁠was no immediate comment from Iran, whose Revolutionary Guard Corps previously has attacked ships that it said tried to cross the strait without Iranian permission.

 

HOUTHIS ATTACK SAUDI REFINERY

 

Iranian strikes on Strait of Hormuz shipping have been coupled with increased attacks by its Yemen-based allies, the Houthi rebels, ​who have targeted ships at another oil chokepoint on the other side of the Arabian Peninsula between the Red Sea and Gulf ​of Aden.

 

The Houthis also ⁠declared a naval blockade against Saudi Arabia in the Red Sea last month in response to what they said was a Saudi siege on them in Yemen, an allegation denied by Riyadh, which backs Yemen's internationally recognised government.

 

The Yemeni rebel group said they had attacked Saudi Aramco's Jazan refinery on Sunday, two days after the kingdom signed a defence pact with Sunni Muslim allies Turkey and Pakistan ⁠in response ​to growing regional instability from the U.S.-Israeli war on Shi'ite Iran.

 

The Saudi energy ministry said a fire had ​broken out at the refinery but was later extinguished with no injuries and authorities were dealing with the incident, without giving a cause.

 

Turkish Foreign Minister Hakan Fidan said the new alliance was not directed against Iran or any other country, ​but rather served as a general pledge to support security.

 

Source: Reuters

-Agencies 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
 CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

CPC bears a loss of Rs. 66 on every litre of diesel - CPC Chairman explains fuel subsidy

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

Govt. to provide Rs. 40 bln fuel subsidy amid surge in global fuel prices

 Case against ex-President Ranil adjourned until November for Attorney General’s advice

Case against ex-President Ranil adjourned until November for Attorney General’s advice

Appeals Court dismisses MP Dilith Jayaweera’s writ application over contempt referral

Appeals Court dismisses MP Dilith Jayaweera’s writ application over contempt referral

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Namal remanded again in two cases;  CIABOC tells court illicit funds were used for Krrish project

Namal remanded again in two cases; CIABOC tells court illicit funds were used for Krrish project

Metro takes another step forward:  112 more buses added to service as President joins launch

Metro takes another step forward: 112 more buses added to service as President joins launch

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

“Have built a nation where law applies regardless of status” No one is above the law, President says

“Have built a nation where law applies regardless of status” No one is above the law, President says

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Lassana Flora