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Iran's Foreign Ministry spokesperson says Araqchi to visit Oman to discuss and exchange views on arranging appropriate mechanisms for safe passage of ships through Strait of Hormuz

StockNow breaking-news AI analysis

Iran's Araqchi visits Oman to discuss Strait of Hormuz safety mechanisms amid extreme oil price volatility, Qatari mediation, and ongoing friction with the US over maritime control and sanctions.

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Iran is determined to ensure safe maritime traffic in Strait of Hormuz, and continues cooperation with Oman. Did not request negotiations with the US, but accepted the Qatari mediator's trip to Iran. Any US breach of commitments will be met with reciprocal action.

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