Automatically composed with AI from the cited sources
Draft Hormuz Deal Would Give Iran Control Over Gulf-Bound Ships, Sources Say
A senior Iranian source and two regional officials told Reuters that a draft deal would give Iran control over ships entering the Gulf through the Strait of Hormuz. The text on the table envisions Iranian control of inbound vessels, with the role over outbound ships still a main sticking point. Gulf negotiators are insisting that regional countries supervise ship inspections and that any fees be voluntary. Iran is seeking fees of 5–7% of cargo value; Oman has discussed around 3%, while Washington wants no fees at all. All three sources pushed back against President Trump's suggestion that a deal is imminent, saying important details remain unresolved and that Iranian Foreign Minister Abbas Araqchi is currently on holiday.
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