Iran and Oman reach understanding on coordinates of route through Hormuz, Iran ministry says

DUBAI, Aug 5 - Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran's Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday.

Baghaei added that any such agreement between Iran and Oman would not, by itself, guarantee security in the strategic waterway.

The proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in one of the biggest concessions yet to Iran.

Despite the apparent step towards yielding to Iranian demands, the sources pushed back against assertions by U.S. President Donald Trump that a deal reopening the strait was imminent, saying important details still had to be agreed.

Iran's Foreign Ministry spokesperson Esmaeil Baghaei described the negotiations between Tehran and Muscat as "professional" and "moving forward", saying "the two sides had reached a mutual understanding on the geographical parameters of the route under discussion".

Baghaei added that, if some third parties do not obstruct the process, the joint statement between the two countries, containing the main considerations and key points of understanding, was in the final stages of review and drafting. REUTERS