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Iran signals possible reopening of the Strait of Hormuz

10:41
By: Azzat Manal
Iran signals possible reopening of the Strait of Hormuz

Iranian President Masoud Pezeshkian has indicated that Tehran could consider reopening the strategically important Strait of Hormuz, linking any such move to an end to what he described as a US maritime blockade and military attacks on Iranian ports.

The remarks, reported by Iran's ISNA news agency, were made during an interview with Indian television channel India Today. The full interview is expected to be released later by the Iranian president's office.

Pezeshkian's comments come as tensions surrounding the Strait of Hormuz remain high. The narrow waterway, located between Iran and Oman, is one of the world's most important energy routes, carrying a substantial share of global oil and liquefied natural gas shipments.

According to the Iranian president, Iran and Oman are expected to sign an agreement in Muscat on Monday concerning new navigation routes through the strait. He said foreign ministers from Arab Gulf states bordering the waterway would attend the signing ceremony.

The proposed agreement would subsequently be submitted to the International Maritime Organization, according to the Iranian account. Such a move could represent an attempt to establish clearer maritime arrangements and facilitate the movement of commercial vessels through one of the world's most sensitive shipping corridors.

The Strait of Hormuz is particularly significant for global energy markets because major oil-producing countries in the Persian Gulf depend on the waterway to reach international markets. Any prolonged disruption to shipping through the strait could therefore affect oil supplies, freight costs and energy prices well beyond the region.

Iran has repeatedly stressed its strategic position around the waterway, while regional and international powers have sought to prevent disruptions to commercial navigation. Oman, which shares control of access to the strait with Iran, has traditionally played a role in regional diplomacy and efforts to reduce tensions.

The possibility of reopening the waterway could therefore have wider economic and geopolitical implications. A reduction in maritime tensions would potentially ease concerns among shipping companies and energy traders, while a failure to reach an agreement could keep pressure on regional trade routes.

Pezeshkian's remarks also appear to link the question of maritime access to the broader confrontation between Tehran and Washington. By conditioning a possible reopening on the end of US actions, the Iranian leadership is signalling that navigation through the strait is closely connected to wider security and political negotiations.

For international markets, developments around Hormuz remain closely watched because even uncertainty over the waterway can influence energy prices and shipping insurance costs. The proposed agreement with Oman and the participation of Gulf states could provide an important indication of whether regional actors are moving toward greater maritime coordination.

The details of the planned agreement, including how the proposed navigation routes would operate and what guarantees would accompany them, are expected to become clearer after its signing and subsequent submission to the International Maritime Organization.


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