Iran and Oman Negotiate Strait of Hormuz Access Amid Global Market Volatility
23 sources across 19 countries · 3 of them are linked to a state
Who reported this
- Haaretz
- The Times of Israel
- The Jerusalem Post
- Der Spiegel
- Frankfurter Allgemeine
- Al-Monitor
- Bloomberg
- Folha de S.Paulo
- La Tercera
- Le Monde Afrique
- South China Morning Post
- Telex
- Tempo English
- ANSA
- The Japan Times
- Dawn
- Philippine Daily Inquirer
- Al Jazeera
- The Straits Times
- Yonhap
- Neue Zuercher Zeitung
- Taipei Times
- Reuters
What the colours mean
- Left
- Centre-left
- Centre
- Centre-right
- Right
- A hatched block means the outlet is affiliated with, or controlled by, a state.
Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.
Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.
The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.
Iran and Oman are negotiating a deal to manage the Strait of Hormuz, with a draft proposal suggesting that Iran would bar ships from the United States and Israel and require compensation from other hostile nations. The proposed agreement comes as the waterway remains severely restricted following the start of the US Israeli war against Iran on February 28. While President Donald Trump stated that negotiations are moving along good, the US continues to maintain a naval blockade and insists on unrestricted free passage. Iranian officials have stated that a full reopening requires the lifting of the American blockade.
Shipping traffic through the strait has dwindled significantly, with data showing only 33 vessels transited from Monday to Thursday, compared to 50 in the previous week. Global oil markets have reacted sharply to the news, with Brent crude prices jumping nearly 4 percent following reports of the restrictive Iranian draft. In Brazil, Petrobras reported a doubling of profits in the first quarter affected by the war, driven by higher oil prices and record production.
Regional tensions remain high as other diplomatic and military shifts occur. Saudi Arabia, Turkey, and Pakistan are reportedly signing a mutual defense pact in Jeddah to contain Iran. Meanwhile, the Houthi militants in Yemen, who are allies of Tehran, have claimed attacks on Saudi troops and a Saudi oil tanker. In Oman, an environmental crisis is unfolding as a Russian shadow fleet tanker, the Caroline Bezengi, has run aground and leaked oil over approximately 600 square kilometers.
Internal Iranian politics add complexity to the talks. Reports indicate a leadership vacuum following the death of Supreme Leader Ali Khamenei in a February airstrike, with his son Mojtaba Khamenei named as successor. Analysts suggest a divide exists between an Iranian camp favoring reconstruction through agreement and an ultra conservative camp that views any deal with the US as an ideological defeat.
How each side framed it
- Left
- This outlet framed the emerging Gulf agreement as an unprecedented geopolitical victory for the Iranian regime.
- Centre-left
- These outlets emphasized the reorganization of Iran's regional allies and the environmental risks of the oil spill in Oman.
- Centre
- These outlets focused on the technical data of shipping traffic, the specifics of the Oman deal, and the broader geopolitical maneuvers.
- Centre-right
- These outlets highlighted the volatility of oil prices and the strategic implications of the proposed transit bans.
Sources
- Centre ANSA: Saudi sources, 'today it signs mutual defense pact with Turkey and Pakistan'
- Centre-left Al Jazeera: Iran war live: Trump says war can’t ‘go much longer’; Hormuz deal close
- Centre Al-Monitor: Oman responds to stranded vessel off Dhofar, state media says
- Centre Al-Monitor: Iranian parliamentary committee reviews draft bill to bar US, Israeli ships from Hormuz, Fars says
- Centre Al-Monitor: Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talks
- Centre Al-Monitor: Iran-Oman deal over Hormuz takes shape as war-weary US looks on
- Centre Bloomberg: Houthis Carry Out Deadly Attack in Yemen and Hit Saudi Territory
- Centre Bloomberg: Oil Climbs as Strait of Hormuz Deal Prospects Unclear
- Centre Bloomberg: Iran Wants to Bar US, Israeli Ships From Hormuz in Peace Accord
- Centre-left Dawn: Hormuz shipping prospects remain uncertain
- Centre-left Der Spiegel: Oman: Looming oil catastrophe off the coast, oil tanker loses its cargo
- Centre Folha de S.Paulo: Petrobras profit doubles with war, and state company announces R$ 17.4 billion in dividends
- Centre-right Frankfurter Allgemeine: Supply situation: The crisis cocktail for energy supply
- Centre-right Frankfurter Allgemeine: Off the coast of Oman: Sanctioned tanker threatens to cause environmental disaster
- Left Haaretz: Iran warns Gulf states: tell Trump to stop U.S. strikes or we hit you hard
- Left Haaretz: Hormuz deal would hand Iran an unprecedented geopolitical victory
- Centre-right La Tercera: Oil price is a roller coaster and now records strong jump due to Iran plan on Ormuz
- Centre-left Le Monde Afrique: After setbacks in Syria and Lebanon, Iran's network of allies reorganizes around Iraq and Yemen
- Centre-right Neue Zuercher Zeitung: Iran's economy is on the ground, how long can the regime hold out?
- Centre Philippine Daily Inquirer: Oil price rollback of up to P5 per liter seen next week
- Centre Reuters: Iranian parliamentary committee reviews draft bill to bar US, Israeli ships from Hormuz, Fars says - Reuters
- Centre Reuters: Proposed Hormuz passage deal not feasible for shipping industry, sources say - Reuters
- Centre Reuters: Asian shares pause for US jobs, oil extends gains on Mideast risk - Reuters
- Centre Reuters: Oil rises on concerns over Strait of Hormuz reopening plans - Reuters
- Centre-right South China Morning Post: Iran seeks to bar US and Israeli ships in Hormuz deal with Oman
- Centre-left Taipei Times: Iran is widening its pressure campaign to force US concessions
- Centre Telex: Iran would retaliate on Gulf countries for another attack launched by the United States against it
- Centre-left Tempo English: Why Iran Is Sending Mixed Signals on Talks
- Centre The Japan Times: Iran seeks to bar U.S. ships as Hormuz deal with Oman advances
- Centre-right The Jerusalem Post: Trump’s military leverage against Iran nearly gone, warns former Israel Air Force commander
- Centre-right The Jerusalem Post: Trump says Strait of Hormuz is 'sort of open right now,' believes Iran 'can't go much longer'
- Centre-right The Straits Times: Iran wants to bar US, Israeli ships from Hormuz in peace accord
- Centre The Times of Israel: Trump insists Iran deal could be inked soon after previous forecasts don’t pan out
- Centre The Times of Israel: Turkey, Saudi Arabia, Pakistan to sign joint defense agreement amid effort to contain Iran
- Centre Yonhap: (URGENT) Seoul shares open higher on tech gains despite renewed Hormuz tensions
100% of the statements in this article were traced back to the source articles listed above.