Iran deliberates Hormuz arrangement amid uncertain prospects with US

Tehran, Iran - Iran's authorities are weighing a finalised arrangement with Oman over the Strait of Hormuz, but top officials maintain that the strategic waterway's full reopening will hinge on concessions from the United States.

Foreign Minister Abbas Araghchi on Saturday said the agreement with Oman was "very close", but cautioned that a full reopening of the strait would depend on the US staying true to commitments given as part of a June memorandum of understanding (MoU) that were violated.

Iran has previously slammed the US for backing a southern Omani route in the waterway without coordination with Tehran, not halting Israel's attacks on Lebanon, and refusing to unfreeze any of Iran's money blocked abroad due to sanctions.

Separately on Saturday, Hossein Mohebbi, spokesperson for the Islamic Revolutionary Guard Corps (IRGC), told state media the reopening of the Strait of Hormuz "has its own specific mechanism and has nothing to do with the negotiations between Iran and Oman".

He added the US will have no choice but to accede to "conditions" set by the Islamic republic to reopen the strategic strait, which Mohebbi said the IRGC views as not just an economic waterway, but a source of power tied to Iran's geographical position that it intends to leverage.

The IRGC spokesman urged the administration of US President Donald Trump not to "interfere" in the talks with Oman, "which have nearly reached their conclusion".

On Friday, the spokesperson for the national security commission of Iran's hardline-dominated parliament also confirmed that the framework of an arrangement with Oman over the strait had been agreed upon, and a deal could be expected soon.

Hassan Qashqavi said the decision was pending a green light from "higher levels".

In a televised interview, President Masoud Pezeshkian said he would "strongly defend" the MoU signed with the US in June and once again rejected speculation that he would abandon his office.

The Ministry of Foreign Affairs said earlier that a joint statement could be expected with Oman if a deal is reached to bring back some traffic to the strait.

Iran and Oman have agreed on the coordinates of routes to be taken by vessels through the waterway as part of the arrangement. Inbound traffic is to pass through a northern lane through Iranian territorial waters, while outbound traffic will go through a southern lane in Omani waters, coordinated with Iran.

The United Arab Emirates said a vessel belonging to the Abu Dhabi National Oil Company (ADNOC) was targeted by a missile while crossing the Strait of Hormuz on Saturday, but that there were no casualties.

In a statement, the UAE's Ministry of Foreign Affairs said targeting commercial shipping and using the strait "as a tool of economic coercion or blackmail represents acts of piracy" by the IRGC "and constitutes a direct threat to the stability of the region, its peoples, and global energy security".