U.S. ready to return to 'commitments,' Iran says, after Trump signals deal is near

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📰 source: cnbc_topnews · 💼 business

iran said the u.s. is ready to 'return to commitments,' but denied negotiations are ongoing with washington, after trump signaled a deal was near. deputy foreign minister kazem gharibadadi told state broadcaster irna on wednesday that the path of understanding is between iran and oman, with no u.s. talks during this period.

the comments refer to a june 17 memorandum of understanding under which tehran would allow commercial vessels free transit through the strait of hormuz for 60 days, with washington committing to lift its naval blockade of iranian ships. trump accused iran's leaders on monday of being 'duplicitous' about peace talks, saying they were underway 'whether iran wants to admit it or not.' axios reported the u.s., iran and oman were closing in on an interim agreement to reopen the strait, targeting a wednesday announcement, and treasury secretary scott bessent told cnbc a deal could be reached by then.

u.s. central command insisted the southern route through hormuz remains free and open for commercial vessels. separately, the uk maritime trade organisation received reports of explosions near tankers off yemen and oman on wednesday.


why it matters: potential u.s.-iran deal on hormuz shipping would directly affect oil supply routes and tanker risk premiums.


source: cnbc_topnews
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