Iran and Oman have reached agreements on how revenues from the Strait of Hormuz would be shared, Iran’s Revolutionary Guards said Wednesday, as Tehran and Muscat continue talks over the future of navigation through the strategic waterway.
“During negotiations with Oman, some agreements were made regarding each country's share of the waters of the Strait and Iran's and Oman's shares of its revenues,” Guards spokesperson Hossein Mohebi said.
Mohebi accused the U.S. of “obstructing work” to finalize an agreement.
Efforts to permanently end the war between Iran and the U.S. have stalled, with Tehran’s demand to charge vessels for passage through Hormuz remaining a key dispute. Washington has rejected the proposal.
Iran and Oman, which both border the Strait of Hormuz, have been discussing navigation arrangements for several weeks.
Iranian officials have said the geographical coordinates of a route envisioned by the two countries “have been agreed upon.”
On Tuesday, the Iranian and Omani foreign ministers met in Tehran and discussed a framework for a temporary transit corridor through Hormuz, as well as a mine-clearing project in the waterway.
Iran has insisted that the strait will not fully reopen until Washington meets Tehran’s demands, including lifting its naval blockade, removing oil sanctions and unfreezing Iranian assets abroad.
Iran has blockaded the Strait of Hormuz since the war with the U.S. began on Feb. 28.
The waterway normally carries about one-fifth of the world’s oil and liquefied natural gas exports.
Washington has imposed a naval counter-blockade on Iranian ports and threatened new sanctions aimed at increasing pressure on Tehran.
Mohebi said Iran would only “open the strait” if the U.S. met Tehran’s conditions.