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Iran and Oman are finalizing an agreement establishing new commercial shipping corridors through the Strait of Hormuz, a critical waterway for global energy trade. Tehran signals openness to negotiations with Washington on broader commitments.
Three oil tankers were struck in separate incidents off Oman on Tuesday, leaving three crew members missing and six injured. The attacks highlight escalating tensions in the Strait of Hormuz.
Iran's Foreign Minister Abbas Araghchi has rejected US President Donald Trump's proposal to impose a 20 per cent toll on shipping through the Strait of Hormuz, asserting Tehran's role as permanent guardian of the critical waterway.
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Iran's Parliament Speaker Mohammad Bagher Qalibaf has declared that the Strait of Hormuz will only open under Iranian terms, not US pressure, following fresh American strikes on Iranian targets.