&imwidth=800&imheight=600&format=webp&quality=medium "Iran contemplates allowing Europe to clear mines in Strait of Hormuz for normal shipping: Report")
Iran is considering allowing European nations to remove mines from the Strait of Hormuz, according to reports. This is big deviation from Tehran's earlier stand that could lead to the opening of the Strait of Hormuz and allow normal shipping in the waterway. It also opens up great prospects for peace negotiations with the US.
In recent weeks Tehran has shown signs of easing its stand, said diplomats familiar with the matter to Bloomberg on condition of anonymity.
Iran’s foreign ministry hasn't yet responded on the matter to the media house.
Rubio, Bessent hint at reaching deal to reopen Hormuz
This comes amid US secretary of state Marco Rubio saying on Tuesday that Iran and Oman have made progress on getting more ships through the strait of Hormuz but no final agreement has been reached.
“There’s been progress made in those talks, but not finality yet. We’re hoping that will happen very shortly,” said Rubio to reporters at the State Department.
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"There's a conversation and a negotiation that we are involved in between Oman and Iran on how more ships can be able to go through there safely in the short term," Rubio added.
Earlier today, Treasury Secretary Scott Bessent also spoke about the possibility of US announce a deal with Iran to reopen the Strait of Hormuz “today or tomorrow".
Speaking to CBS Bessent said, "There is a chance we may have a deal today or tomorrow to open the strait and move towards a more normalized position in this conflict."
These remarks by Rubio and Bessent has shown a positive impact on the oil prices as they have dropped. The main US oil contract, West Texas Intermediate, dropped five percent to $76.32 a barrel, while the cost of a barrel of brent crude, the global benchmark for oil prices, slid back below $80 a barrel.
