Iran and Oman have not yet reached a final agreement on establishing a new safe shipping route through the Strait of Hormuz, according to Iranian Foreign Ministry Spokesman Esmaeil Baghaei.
The ongoing consultations aim to determine secure passage for vessels in both directions while balancing the national security interests of both nations.
The lack of a finalized deal means that shipping risk premiums in the region remain intact.
Traders and logistics operators continue to face uncertainty regarding the operational status of the central corridor previously discussed by the two countries.
Without a concrete agreement, the threat of disruption to energy flows through one of the world’s most critical chokepoints persists, keeping pressure on freight rates and insurance costs.
These talks follow earlier reports that Iran and Oman had agreed to continue political and technical negotiations focused on security in the Strait of Hormuz.