Iran-Oman Talks Focused on Restarting Hormuz Shipping Traffic

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessIran-Oman Talks Focused on Restarting Hormuz Shipping TrafficNegotiators from Iran and Oman are trying to reach an agreement to restart shipping through the Strait of Hormuz, according to people familiar with the matter.Author of the article:Fiona MacDonald, Alberto Nardelli and Alex Wickham You can save this article by registering for free here. Or sign-in if you have an account.nunh12644c7xl8it8viz{xa1_media_dl_1.png Joint Maritime Information Cente(Bloomberg) — Negotiators from Iran and Oman are trying to reach an agreement to restart shipping through the Strait of Hormuz, according to people familiar with the matter.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountIran and Oman, whose territories border the strait, are continuing discussions after their officials met in Tehran over the weekend, the people said, asking not to be identified talking about sensitive matters. A successful deal would then enable the Islamic Republic and the US to resume talks over ending their war, they said. One proposal is to reopen the strait’s so-called middle passage, said two of the people. That has largely been avoided by ships since the start of the conflict in late February, with vessels taking either a northern route close to Iran’s shores or a southern one that passes near the Omani exclave of Musandam.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againOmani negotiators are optimistic they’ll be able to make an announcement signaling progress in the next few days, the people said, adding there’s no guarantee that will happen.US President Donald Trump told Axios on Monday that “deep talks” are taking place, though he didn’t specify if they are about the Strait of Hormuz. The discussions are mainly between Iran and Oman, Axios reported, with Qatar, Pakistan, Egypt and Trump’s envoys, Steve Witkoff and Jared Kushner, also involved. The middle passage likely contains sea mines placed by Iran, according to the people, and could have to be cleared before vessels use it on a regular basis. The UK, France and other European nations have said they can lead de-mining efforts, but only once it’s safe to do so.US Defense Secretary Pete Hegseth is pushing his UK counterpart, Wes Streeting, to host a summit about protecting maritime traffic in the Strait of Hormuz soon.Oman’s foreign ministry didn’t immediately respond to a request for comment.Traffic through the Strait of Hormuz has become the biggest obstacle to peace talks between the US and Iran. An interim deal they signed in mid-June — meant to kickstart talks over the Islamic Republic’s nuclear program and lead to a permanent cessation of hostilities — collapsed around three weeks ago. That was after Iran attacked tankers sailing through Hormuz, insisting they needed its permission first, and the US retaliated by launching daily airstrikes on Iranian territory.The two sides have paused their skirmishes since Friday, with Trump saying he wants to give diplomacy a chance.Despite the lull, hardly any ships are moving through the Hormuz strait, at least with their locator devices turned on. That’s helped push up energy prices because of the waterway’s importance as a conduit for flows of oil and liquefied natural gas.Since a ceasefire in April, some ships going through the strait obtained permission from Iran and took the northern route. Most others used the southern path, turning off their transponders to avoid detection by Iran and getting assistance from the US military.Tehran has said since the war erupted — with US-Israeli strikes on Iran — that it will manage shipping in and around Hormuz, something the US and its allies have pushed back against. Iran is trying to get Oman to agree to a joint management system, which would probably include fees of some kind for vessels.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

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