The Fort Worth Press - Iran says close to Hormuz deal with Oman, after US suspends attack plan

USD -
AED 3.672496
AFN 63.999712
ALL 80.660025
AMD 364.155001
ANG 1.790365
AOA 917.999969
ARS 1524.750559
AUD 1.417435
AWG 1.8
AZN 1.703082
BAM 1.716593
BBD 2.014833
BDT 123.096502
BGN 1.683441
BHD 0.377145
BIF 3013.033747
BMD 1
BND 1.278097
BOB 12.259622
BRL 5.1881
BSD 1.000307
BTN 95.794093
BWP 13.621802
BYN 3.022425
BYR 19600
BZD 2.011937
CAD 1.41345
CDF 2340.00052
CHF 0.828271
CLF 0.024357
CLP 961.769788
CNY 6.71325
CNH 6.7343
COP 3348.488173
CRC 454.820731
CUC 1
CUP 24.008426
CVE 96.778865
CZK 21.384398
DJF 178.136657
DKK 6.5628
DOP 59.49006
DZD 134.160706
EGP 51.788213
ERN 15
ETB 162.282003
EUR 0.87791
FJD 2.24725
FKP 0.754924
GBP 0.754689
GEL 2.615004
GGP 0.754924
GHS 11.618906
GIP 0.754924
GMD 73.497258
GNF 8797.998859
GTQ 7.639444
GYD 209.30355
HKD 7.842504
HNL 26.849519
HRK 6.613804
HTG 130.916751
HUF 320.615026
IDR 17914.1
ILS 3.04806
IMP 0.754924
INR 95.817495
IQD 1310.484048
IRR 1374575.000352
ISK 120.260189
JEP 0.754924
JMD 158.265678
JOD 0.708999
JPY 157.244982
KES 129.644095
KGS 87.448199
KHR 4068.10901
KMF 433.00033
KPW 900.000318
KRW 1354.240209
KWD 0.30864
KYD 0.833633
KZT 443.156186
LAK 22438.232325
LBP 89581.428007
LKR 330.293588
LRD 172.063018
LSL 16.32106
LTL 2.95274
LVL 0.60489
LYD 6.395752
MAD 9.599596
MDL 17.756616
MGA 4416.553298
MKD 54.043972
MMK 2099.36214
MNT 3596.164164
MOP 8.082152
MRU 40.243999
MUR 47.529762
MVR 15.449983
MWK 1734.585509
MXN 17.759903
MYR 4.074101
MZN 63.909481
NAD 16.32106
NGN 1326.379584
NIO 36.810462
NOK 9.50785
NPR 153.270725
NZD 1.749629
OMR 0.385571
PAB 1.000307
PEN 3.395971
PGK 4.456927
PHP 62.346967
PKR 277.197262
PLN 3.83775
PYG 5896.344407
QAR 3.646377
RON 4.629196
RSD 103.085092
RUB 84.346338
RWF 1478.474569
SAR 3.755913
SBD 8.000512
SCR 13.862997
SDG 601.50015
SEK 9.91775
SGD 1.2784
SHP 0.755002
SLE 24.650119
SLL 20969.491881
SOS 571.729495
SRD 37.667498
STD 20697.981008
STN 21.503489
SVC 8.753236
SYP 13002.000254
SZL 16.317198
THB 33.374966
TJS 9.228244
TMT 3.51
TND 2.961425
TOP 2.40776
TRY 48.942503
TTD 6.803879
TWD 31.728698
TZS 2654.934831
UAH 44.794751
UGX 3918.023434
UYU 40.075482
UZS 11839.206565
VES 852.43145
VND 25976
VUV 118.388248
WST 2.745723
XAF 575.871361
XAG 0.015553
XAU 0.000233347179
XCD 2.70255
XCG 1.80287
XDR 0.707052
XOF 575.871361
XPF 104.673717
YER 236.649834
ZAR 16.190531
ZMK 9001.198929
ZMW 19.513758
ZWL 321.999592
SSP 5712.5919
MXV 2.012596
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Iran says close to Hormuz deal with Oman, after US suspends attack plan

Iran says close to Hormuz deal with Oman, after US suspends attack plan

Iran on Sunday said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US called off major strikes to allow for diplomacy.

Text size:

US President Donald Trump said on Saturday that his country and Israel had agreed to hold off on new strikes on Iran, saying the "perimeter" of a deal was there.

The foes have been at war since February 28, when the US and Israel launched surprise strikes against Iran, though months of on-off diplomacy have led to periods of relative calm.

Following a return to strikes last month, fears had mounted that the fighting could escalate once again. Trump had threatened to hit Iran "very hard" and was reportedly considering renewed attacks including against energy infrastructure, with US embassies across the region on alert.

But the US leader appeared to have changed course after a flurry of diplomacy, including speaking with Saudi Arabia's Crown Prince Mohammed Bin Salman.

Trump said "we have just been asked by Iran, and other Middle Eastern Countries, to hold off any attack in that the perimeters of a deal has been agreed to".

"Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a DEAL," Trump posted on his Truth Social platform.

It was not immediately clear what the US president meant about the state of negotiations. Iranian media denied that Tehran had asked Trump not to strike.

- 'Exchange of views' -

Iranian lawmaker Hassan Ghashghavi, spokesman for the parliament's national security commission, said on Sunday that mediators were trying to revive the so-called Islamabad memorandum of understanding, which was agreed in June.

That memorandum was not intended as a final peace deal, but as a stepping stone to negotiations on a comprehensive agreement, though it did include provisions on Hormuz.

"They know that the main issue and, in fact, the key to the matter right now is the issue of the Strait of Hormuz, so yes, there is an exchange of views," Ghashghavi said.

The strait, a vital route for global oil and gas supplies, has been at the centre of the failed diplomatic efforts so far.

Before the war, there was free passage for all vessels, but Iran closed the strait during the war and now insists on retaining control and charging tolls, something the US rejects.

Trump said any deal would have to include the "Immediate, Complete and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat".

The US president said at the start of the conflict that the war was necessary to deal with Iran's nuclear programme. Western nations accuse Iran of seeking a bomb, though Tehran insists the programme is entirely civilian in nature.

The dispute over the Strait of Hormuz sparked the return to strikes last month, as Tehran refused to let ships travel any route other than one which hugs the Iranian coast.

On Sunday, Iranian foreign ministry spokesman Esmaeil Baqaei told state television that a deal was close with Oman, which sits on the other side of the strait, over a new route through it.

"We are now going to reach an understanding on a route acceptable to both sides -- neither the northern route nor the southern route -- but one that respects the sovereign rights of both sides and safeguards our national interests and security," he said.

He insisted though that such an agreement did not mean the reopening of the strait.

Maritime trade tracking firm Kpler said Friday that traffic through Hormuz had dropped sharply.

D.Johnson--TFWP