
The understanding regarding the route’s designation would be registered with the International Maritime Organization.
On Monday, Iranian Foreign Ministry spokesman Esmaeil Baghaei said that Iran-Oman negotiations on the designation of a temporary route for safe passage through the Strait of Hormuz have reached their final stage.
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The understanding between the two countries regarding the route’s designation would likely be registered with the International Maritime Organization (IMO) in the coming days, he announced at a press conference.
The insecurity in the waterway is a consequence of the U.S.-Israeli “military aggression” against Iran, he said, noting, “Vessels will not be able to travel this route with confidence and a sense of security by the time this situation continues.”
Responding to a question about a Sunday visit by a Qatari delegation to Iran, Baghaei said it took place as part of Qatar’s efforts to de-escalate tensions in the region. He said contacts between Iran and certain other regional countries that have long been trying to help reduce tensions “is an ongoing process.”
Impact on Oil Markets:
Because the Strait of Hormuz handles roughly 20% of global oil shipments, the continued hostilities caused global oil prices to rise further, with Brent crude climbing toward $97 a barrel.
– The war is still very much ongoing, and there is currently no… pic.twitter.com/eonhGgRmCD
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In a joint statement in August, Iran and Oman announced they had exchanged views on a proposed phased framework that includes establishing a temporary joint shipping corridor in the Strait of Hormuz and an agreement to implement a joint project to demine the waterway.
Technical talks between the two countries will continue to address the designation of a permanent shipping corridor, the future administration of the strait, and a mechanism for information exchange, traffic management, and security arrangements in the waterway, the statement added.
Iran tightened its grip on the Strait of Hormuz on Feb. 28, barring safe passage of vessels belonging to or affiliated with Israel and the United States following their joint strikes on Iranian territory.
teleSUR/ JF
Source: Xinhua
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