• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Iran demands inbound control of Hormuz and outbound oversight, source says

August 4, 20264:17 AM Reuters0 Comments

Iran wants control over inbound shipping through the Strait of Hormuz and visibility over outbound traffic, with the ability to intervene if necessary, under a temporary plan being discussed with Oman to reopen the strategic waterway, a senior Iranian source told Reuters on Tuesday.

The source, who is involved in the talks, said this is “the general idea currently being discussed”, and specified that the outbound lane would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran.

“Tehran is unlikely to change its position,” the source added, saying that Tehran has already shown flexibility by moving from its initial position of seeking full control over traffic in both directions in the strait.

Last month, Iran rejected an Omani proposal for an equal division of transit routes between the two countries, which Tehran said failed to address the country’s security concerns until long-term regional stability is achieved.

Control of the strait, the narrow waterway between the Gulf and the Indian Ocean that is the main route for about a fifth of world oil supplies and other vital goods, has been a main sticking point in efforts to end the U.S.-Israeli war on Iran.

The waterway has been largely blocked since the start of the war in late February. The dispute over Hormuz remains a central point of contention.

Washington says June’s memorandum of understanding with Tehran to halt the war required Iran to ​reopen the strategic waterway, while Tehran says the text explicitly preserved its authority over shipping traffic.

Before the war, shipping passed freely through the strait, which is in the territorial waters of both Iran and Oman ⁠but ​which is generally regarded as an international waterway.

A so-called two-way traffic separation scheme, which was adopted by the ​U.N. shipping agency in ⁠1968 with agreement of countries in the region, created the current ship routing system that split sailing corridors through Iranian and Omani waters.

The strait, a strip of water 34 km (21 miles) wide, provides passage from the Gulf to the Indian Ocean and is a main route for energy supplies from the Middle East ⁠and other vital ​goods including fertilisers.

(Reporting by Parisa Hafezi, writing by Dubai newsroom and Parisa Hafezi, Editing by Louise Heavens, Sharon Singleton and Alison Williams)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • InPlay Oil Corp. Confirms Monthly Dividend for August 2026
  • Mideast war helps and harms BP CEO’s turnaround ambitions: Bousso
  • Iran demands inbound control of Hormuz and outbound oversight, source says
  • Goldman sees Brent at $80-$90 until US-Iran deal or major escalation
  • Asia crude and fuel imports recover, still shy of pre-Iran war levels: Russell

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    StackDX
    • BOE Report Jobs
    • StackDX Intel
    © 2026 Stack Technologies Ltd.