Iran, Oman open Hormuz shipping talks after attacks roil truce
Why it matters: The strait carries about a fifth of global oil and gas trade, and Washington wants Tehran to guarantee open transit without tolls.
Iran and Oman opened talks Saturday on ship transit through the Strait of Hormuz after attacks on commercial vessels and U.S. retaliation strained an interim deal meant to halt the war. Iranian Foreign Minister Abbas Araghchi and Omani Foreign Minister Sayyid Badr Albusaidi discussed mechanisms to keep ships moving safely, while Oman said negotiations would continue at technical and political levels. The United States is pressing Iran to publicly guarantee that shipping lanes will stay open and that vessels will not face tolls. Before the war, roughly one-fifth of traded oil and natural gas moved through the strait, and disruption there helped drive a global energy shock. No new attacks were reported on July 10 or 11.
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