After U.S.-Iran War, Oman Is Said to Propose Strait of Hormuz Fee Plan
Under the proposal, Iran and Oman would collect payment for ships passing through the Strait of Hormuz, according to officials and diplomats with knowledge of the matter.
Under the proposal, Iran and Oman would collect payment for ships passing through the Strait of Hormuz, according to officials and diplomats with knowledge of the matter.
Four days of attacks by both countries forced a sharp decline in the number of vessels navigating through the Strait of Hormuz.
Oil prices edged higher after an American official said the U. S. and Iran had agreed to halt attacks in a key shipping lane, raising hopes that hostilities would not escalate.
The attacks came after traffic through the Strait of Hormuz had reached the highest levels since the start of the U. S. war in Iran.
Secretary of State Marco Rubio acknowledged that the agreement marked only “the beginning of the beginning” of negotiations between Israel and Lebanon.
Iran issued a statement on Friday asserting its right to control traffic in the Strait of Hormuz, a day after firing on a container ship that took a route near Oman’s shore.
The strike on a vessel near the coast of Oman prompted a U. N. agency to pause an evacuation of ships from the Persian Gulf.
The new warning complicated efforts to revive use of the critical waterway as Washington sought regional support for its framework peace agreement with Iran.
Increased stockpiles, more pipelines and other tactics could loosen the waterway’s stranglehold on the global economy.
Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
Green energy, modern war and American hegemony
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
Israel and Hezbollah, the Iran-backed Lebanese militant group, appeared to maintain a tense cease-fire for a second day. Israel’s military has new orders that restrict troops to defensive actions.
The United States and Iranian militaries have offered conflicting accounts over whether the crucial waterway is open.
Iran’s military announced that it had closed the Strait of Hormuz around the same time on Saturday that Vice President JD Vance told Fox News the Trump administration had accomplished its goal of opening the strait.
Fifty-five ships had passed through the strait on Saturday, the U. S. military said.
Each generation seems destined to learn anew the lesson that when hawks declare that a war will be painless, beware.
The agreement leaves unresolved the two issues at the heart of the conflict: Israel’s occupation and Hezbollah’s arsenal.
The new cease-fire between the United States and Iran calls for an end to fighting in Lebanon, but U. S. intelligence officials do not expect Israel to halt its strikes on Hezbollah.
Talks on a long-term peace deal were set to begin on Friday, but Iran pulled out, citing Israeli strikes in Lebanon. Hours later, diplomats say, Israel and Hezbollah agreed to halt fighting there.