GeopoliticsAugust 3 at 03:53 AM

Iran's Foreign Ministry spokesperson Baghaei says "We are not negotiating with the US right now.", and "The negotiations are with Oman.". Adds, the focus is on reaching an understanding on a route that will ensure "safe shipping in the Strait of Hormuz"

StockNow breaking-news AI analysis

Iran is negotiating with Oman for a safe shipping corridor in the Strait of Hormuz while avoiding direct U.S. talks. Disagreements over waterway control and service fees persist.

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Iran's Foreign Ministry spokesperson Baghaei says "We are not negotiating with the US right now.", and "The negotiations are with Oman.". Adds, the focus is on reaching an understanding on a route that will ensure "safe shipping in the Strait of Hormuz"

What do investors think?

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