GeopoliticsIMPORTANT

A source close to Iran's negotiating team rejected the White House's claim, saying there had been no direct Iran-US negotiations and that talks with Oman concerned sovereignty over the Strait of Hormuz, Fars News reports

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The Islamabad MoU has collapsed amid mutual accusations. Iran-Oman shipping talks continue but Hormuz remains restricted, keeping oil markets volatile and shipping volumes significantly below pre-war levels.

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The source added that contacts with the US stopped after Washington violated the Islamabad agreement and that the latest talks were unrelated to the US.

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