US Treasury Secretary Scott Bessent announces new sanctions on Tehran to sever financial support for the regime, urging US allies to support the measures.
Omani and Iranian foreign ministers hold a call as Washington prepares economic sanctions amid ongoing shipping disruptions in the Strait of Hormuz.
Published On 22 Aug 202622 Aug 2026
Iranian President Masoud Pezeshkian has called for an end to the months-long war with the United States, stating that Tehran holds a position of strength as diplomatic talks remain stalled.
“It is better that we bring the war to an end now as we are in a position of power and dignity,” Pezeshkian said in a meeting with doctors on Friday. “The whole world acknowledges our victory and emphasises that America has attacked our schools, hospitals and infrastructure in violation of all regulations and is hated around the world.”
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Pezeshkian – whose authority as president is ultimately subordinate to Iran’s Supreme Leader Mojtaba Khamenei – also defended the June memorandum of understanding agreed with Washington against hardline domestic critics in parliament, who accused his administration of giving concessions to the US.
“They cannot find even a single clause in this agreement that indicates capitulation. All the commitments concern the other side,” he said.
However, days after the memorandum of understanding expired, Iran’s military leadership has warned that the country remains ready to strike back against any new threats.
“With preparedness across land, sea, air, air defence and cyberspace, Iran’s armed forces will respond to the enemy’s new threats with crushing, punishing and devastating responses,” Major-General Ali Abdollahi, chief of staff of Iran’s armed forces, was quoted as saying by Iranian media.
Strait of Hormuz
Meanwhile, Omani and Iranian foreign ministers discussed in a phone call on Friday ways to create suitable conditions for resuming dialogue and negotiations, as well as developments affecting navigation in the Strait of Hormuz, according to Oman’s state news agency.
Tehran continues to keep the key waterway partially shut while Washington persists with a naval counterblockade. Reports in US media indicate the US navy has been organising and protecting secret convoys of tankers through the southern sector of the strait, enabling between five and 10 million barrels a day of oil to be exported.
In Washington, President Donald Trump expressed scepticism over Tehran’s willingness to negotiate, telling reporters when asked if US military options with Iran were limited: “It just means that we’re seeing what happens.”
“We have total control of that entire region having to do with the Strait of Hormuz, and that means well into it, the land areas. So, they would love to make a deal, but they’re not ready to make the right deal, in my opinion,” Trump added.
He has also warned of economic consequences against any country that provides “any type of lifeline to Iran”.
The comments came as US Treasury Secretary Scott Bessent warned that Washington would “collapse” the Iranian government with a sanctions campaign.
Bessent will hold a news conference at the Department of the Treasury on Monday, where he is expected to outline planned sanctions against Iran, marking a shift by the Trump administration towards economic rather than military pressure as the war nears the six-month mark.
Iran’s Ministry of Foreign Affairs has already condemned the US plan, accusing Washington of “economic terrorism” and stating that “the instigators of these sanctions are deserving of trial and punishment”.
China’s Ministry of Foreign Affairs spokesman Lin Jian also criticised the US measures, stating that “sanctions and pressure will not help resolve the issue” and urging all parties to “take responsible measures and resolve the problem through political and diplomatic means”.
US Treasury Secretary Scott Bessent says Washington will impose its ‘toughest sanctions in history’ to ‘collapse’ Iran’s government, warning of consequences for countries that maintain economic ties with Tehran.
United States President Donald Trump has threatened to bomb Oman if it “gets in the way” of a peace deal between the US and Iran.
Oman is currently negotiating with Iran over the reopening of the critical Strait of Hormuz, while Iran has repeatedly stated that it will not speak directly to the US.
On Monday, as Iranian officials said they were close to announcing an agreement with Oman, a 60-day Memorandum of Understanding (MoU) between Washington and Tehran – which had provided for a period of peace talks but largely fell apart early on – expired with little hope for renewal.
This is not the first time Trump has threatened Oman, a US ally which has never entered into any direct conflict with the US. Oman, through whose territorial waters the contested Strait of Hormuz also flows, has positioned itself as a neutral party in the US-Iran war. Despite that, it has suffered a number of strikes by Iran, which has targeted US military assets and infrastructure around the region in retaliation for US-Israeli attacks.
Now, Trump is threatening to strike it as well.
Here is more about what Trump has threatened, and why.
What did Trump threaten Oman with?
Trump told US broadcaster Fox News on Monday that Iran should surrender, and claimed that his administration had opened a direct backchannel for talks with Iran’s Islamic Revolutionary Guard Corps (IRGC).
During the interview, he threatened to bomb US ally Oman if it “gets in the way” of US talks with Iran.
“If Oman gets in the way, we’ll bomb the s*** out of them,” he said.
An IRGC spokesman denied Trump’s claim of direct talks, telling Iran’s semi-official Tasnim News: “There are no talks taking place between IRGC officials and the Americans, and this lie by Trump is merely fantasies caused by the delusions and nightmares he has suffered as a result of defeat and desperation in the war.”
Has he threatened Oman before?
Monday was not the first time Trump threatened Oman over the course of the five-month war between the US and Iran. In May, he made a similar threat.
At a cabinet meeting on May 27, a reporter asked Trump what he thought about the idea of Oman and Iran jointly overseeing shipping through the Strait of Hormuz.
“ Would you accept a short-term deal that allows Iran and Oman to control the strait?” the reporter asked.
Trump replied with a seemingly offhand threat. “Nobody is going to control it. It’s international waters, and Oman will behave just like everybody else, or we will have to blow them up.”
While there was initial speculation that Trump might have misspoken and said “Oman” instead of “Iran”, the US State Department later shared the comment on social media, with a transcript of the quote that referred to the Arab country.
What is the context for all this?
For the past few weeks, Iran and Oman have been engaged in direct talks, facilitated by mediators in Qatar, to reach an agreement over how to manage maritime traffic through the Strait of Hormuz in the future.
While Iran had agreed to keep the strait open to shipping without charge for 60 days following the signing of the MoU with the US on June 17, this quickly fell apart as the two sides disagreed over who had ultimate control over the strait – in particular which routes ships should take. Towards the end of June, Iran launched strikes on a number of ships which had followed an Oman-issued route, approved by the US, rather than its own route, and the US restarted strikes on Iran for nearly two weeks.
Following that, Iran refused to talk directly to the US, saying it had violated the terms of the MoU which included a cessation of hostilities on all fronts, and began talks with Oman over the future of the strait instead. Iran also issued a list of new demands relating to the lifting of sanctions and a permanent end to US strikes before it would resume talks, it said.
On Monday, Tehran said the two countries have reached an agreement on a new shipping route in the strait and are now preparing a joint declaration.
Foreign Ministry spokesperson Esmaeil Baghaei said the proposed mechanism for control of the strait seeks to protect the interests of both Iran and Oman while allowing commercial shipping to pass through.
“This is the first time that a mechanism is being developed to simultaneously safeguard the sovereign rights of the two littoral states and ensure the safe passage of commercial vessels,” said Baghaei.
The Strait of Hormuz is a critical waterway through which one-fifth of the world’s oil and liquefied natural gas (LNG) supplies were shipped before the US-Israel war on Iran began on February 28. Roughly 130 ships sailed through the strait each day.
Iran closed the strait in early March, allowing only a few ships it deemed “friendly” to pass through the strait until it signed the MoU with the US on June 17. Since then, it has become the key issue holding up talks for a lasting peace plan to end the war on Iran.
The US, meanwhile, has established its own blockade on Iranian ports in and around the strait. Last week, it fired on a Panama-flagged cargo vessel it accused of attempting to reach Iranian ports and which, it said, had failed to follow orders to change course.
The crisis has triggered global energy shortages and the price of oil has soared. The price of Brent crude, the global benchmark, was about $66 a barrel just before the Middle East conflict began. Over the course of the war, the price has surged past $100 on several occasions, most recently on July 23. In March, the price rose as high as $119.
Global benchmark Brent crude futures rose to $91.22 a barrel on Tuesday, inching close to a three-week high.
What is Oman’s position on the Iran war?
Oman, which is known for its neutrality, has not publicly stated that it intends to join Iran in controlling the Strait of Hormuz. The US and Oman are close partners with a relationship stretching back nearly 200 years.
The two countries have multiple cooperation treaties, including security partnerships, a free trade agreement and a science and technology deal.
During the war, Iran launched multiple strikes on US military assets and energy infrastructure in neighbouring countries, including Oman.
Oman previously acted as a key mediator between Washington and Tehran as they sought a resolution to the war that began on February 28, when the US and Israel attacked Iran.
So, why is Trump threatening Oman now?
A potential Iran-Oman understanding covering the Strait of Hormuz could cut against one of Washington’s core demands: that Iran relinquish control of the strait as a condition of ending the war. Rather than curbing that control, such a deal would lend it greater legitimacy by formalising Iran’s position.
But experts say Trump is also likely angry that the US has seemingly been cut out of the deal relating to the strait.
“In part, a solution mediated without US intervention and which in fact allows Oman and Iran to manage passage through Hormuz, which lies entirely within the two countries’ territorial waters, would show how impotent the United States is and has been,” Laleh Khalili, a professor of Gulf studies at the University of Exeter, told Al Jazeera.
The US and Iran have also strongly disagreed about whether Iran should be allowed to charge fees to shipping companies using the strait. Under international law, tolls for passing through natural waterways such as Hormuz are forbidden, even when they are not technically in international waters. However, fees for services such as insurance, environmental protection and docking can be charged. It has yet to be seen whether this issue will be addressed in an Iran-Oman agreement.
In late July, US Secretary of State Marco Rubio warned that Iran should not be allowed to charge tolls on vessels traversing Hormuz. Days earlier, Trump himself pledged there would be no tolls for passage through the strait, unless they are collected by his own country.
On August 14, Trump went a step further, telling his supporters in New York that he had plans to declare the Strait of Hormuz a “territory” of the US. “After we finish defeating Iran, which is being very badly defeated, pretty soon I’ll be declaring the Hormuz Strait a territory of the United States,” Trump said.
Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, responded to that threat on social media with defiance.
“Trump said that, after Iran’s defeat, he will soon declare the Strait of Hormuz as American territory,” Gharibabadi wrote.
“The Strait of Hormuz cannot be taken over by a tweet, nor by an aircraft carrier, nor by issuing a decree, nor by an election speech. Iran is neither afraid of threats nor intimidated by a show of force.”
President Donald Trump speaks Monday in the Oval Office of the White House in Washington, D.C. In an interview Monday, Trump threatened to bomb Oman if it “gets in the way” of any potential deal with Iran. Photo by Samuel Corum/UPI | License Photo
Aug. 17 (UPI) — U.S. President Donald Trump threatened Monday to bomb Oman if the nation’s leaders get “in the way of” any potential Iran deal with the United States.
“If Oman gets in the way, we’ll bomb the [expletive] out of them,” Trump told Fox News.
Oman is not part of the U.S. conflict with Iran, but Omani negotiators have been speaking with Iran over a deal between the two Middle Eastern nations to reopen the Strait of Hormuz.
Esmail Baghaei, a spokesman for the Iranian Foreign Ministry, said Monday that Oman and Iran had reached an understanding about a map of the transit route in the waterway. About a third of the world’s crude oil passes through the strait.
Iranian officials have previously said that they’ll reopen the strait only after the United States ends its naval blockade of Iran’s ports and stops attacking Iran. They’ve also requested the end of sanctions and compensation for damage from the attacks.
A two-month window to negotiate peace with Iran, established in the June “memorandum of understanding” between the United States and Iran, officially ended Monday with no progress. The two countries have also strikes for more than a month despite the agreement. Trump told Fox News on Monday that he is “in no hurry” to reach a permanent deal.
“I have no time schedule,” Trump said. The president has repeatedly said that the conflict will end “soon” and promised imminent peace deals that haven’t come to fruition. He also said in the interview that Iran should “put up the white flag of surrender” and denied reports that the United States munitions have been depleted.
Trump previously threatened to “blow up” Oman in May during a Cabinet meeting. On Friday, he threatened to make the Strait of Hormuz “a territory of the United States.”
Members of the National Guard patrol near the Washington Monument on Tuesday. Photo by Bonnie Cash/UPI | License Photo
Cleanup crews are responding along 12 kilometres of Omani coastline following an oil spill from the grounded tanker Caroline Bezengi. Carrying roughly 800,000 barrels of Russian crude, the vessel ran aground near a marine reserve, raising fears of a severe ecological crisis.
A salvage operation is under way to stabilise the stricken tanker behind a major oil spill off Oman, the risk management company coordinating the effort has said.
The announcement by Ambrey on Thursday came a day after Oman’s environmental authority confirmed that oil from the Caroline Bezengi had reached beaches along the sultanate’s central coast.
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The tanker, a suspected member of Russia’s shadow fleet used to transport sanctioned Russian oil, has been leaking crude into waters near the Hallaniyat archipelago since June, when the ship’s crew reported an unidentified explosion.
Ambrey said it was working with Omani authorities and that its services had been engaged as part of a “significant international response” that included salvage vessels, aircraft and specialist personnel.
Apart from Oman and an unnamed “leading international oil spill response company”, Ambrey did not elaborate on which other countries or firms were involved in the effort to salvage the vessel, which has flown the flags of states including Cameroon, Palau and Liberia.
The International Maritime Organization (IMO) – the United Nations maritime agency – said on Thursday that it was “closely monitoring” the situation and would “continue to support ongoing efforts”, without providing further details.
The International Oil Pollution Compensation Funds, a pair of intergovernmental organisations established to provide compensation for oil pollution, said it would not be involved in the cleanup operation after determining that the incident likely resulted from an act of war.
Ambrey, based in Hereford in the United Kingdom, said it expected salvage vessels to reach the Caroline Bezengi soon and that specialist personnel had already boarded the vessel to begin stabilising its cargo.
Ed Wollaston, director of global response at Ambrey, said the “extremely challenging situation” had been complicated by adverse weather from the annual Khareef monsoon.
“However, we have deployed the leading experts in each aspect of the response and have mobilised the appropriate supporting equipment, aircraft and vessels,” Wollaston said in a statement.
“We are working around the clock to mitigate the environmental impact of the situation.”
The oil spill has expanded dramatically in size over the past week, according to analyses of satellite imagery, raising fears for coastlines and ecosystems in the region, including a marine reserve established last year off the Hallaniyat archipelago.
Environmental NGO Greenpeace said on Thursday that, based on satellite imagery, the spill had grown from 45 square kilometres (17sq miles) in late July to about 1,300sq kilometres (502sq miles) as of Wednesday.
Omani authorities as recently as Monday estimated the size of the spill at approximately 400sq kilometres (154sq miles).
Hanen Keskes, Greenpeace’s head of campaigns for the MENA region, said the circumstances of the spill made it “especially challenging” to respond to.
“Given the scale of this – a damaged tanker in a remote location, during monsoon season, with no clear owner or verified insurer to compel a rapid response – this is a case where international assistance should be mobilised urgently,” Keskes told Al Jazeera.
“Capabilities like specialised salvage equipment and expertise can exceed what any one country has on hand, and every day of delay allows more oil to disperse.”
Najmedin Meshkati, an expert in oil spills and a professor of civil and environmental engineering at the University of Southern California, said that authorities should have moved faster to contain the spill.
“That two-month interval was the response window, and it closed. In spill response, source control on day three is worth many multiples of source control on day 60,” Meshkati told Al Jazeera.
Meshkati acknowledged, however, that Omani authorities had been dealt a difficult situation.
“It was handed an orphaned wreck with no responsive owner, no verifiable insurer, no functioning flag state, and a compensation regime containing a war exclusion that may void it entirely,” Meshkati said.
“No mid-sized maritime administration on earth is resourced for that. But that is precisely the argument for escalating harder and earlier.”
Damilola S Olawuyi, a professor of energy and environmental law at Hamad Bin Khalifa University in Qatar, said the spill highlighted the need for stronger international mechanisms to hold polluters accountable.
“The obligation of the entity responsible for pollution to pay for the cost of cleanup and remediation, ie, the polluter pays principle, has for long been a bedrock of international law,” Olawuyi told Al Jazeera.
“However, in an era of increasing geopolitical realignments, identifying the responsible polluter has become complex, therefore complicating effective risk reduction, response and remediation measures,” he said.
A vast oil spill from a leaking tanker reached Oman’s coastline on Wednesday, its environment agency said.
This oil spill threatens to become one of the world’s worst in years after spreading largely unchecked for several weeks, experts say.
On Monday, Oman said it was working to contain the spill, which had by then affected roughly 390 square kilometres (150sq miles), according to analysis by the country’s environment agency.
The slick now covers an area of more than 2,000sq km (770sq miles), said John Amos, an oil spill specialist who reviewed satellite imagery obtained by Reuters. It could affect about 40km (25 miles) of coast near Ras Madraka, as well as Masirah Island, Oman’s Environment Authority said.
Here’s what we know.
What happened?
Oil has been leaking from the tanker Caroline Bezengi since it ran aground about 22 nautical miles (41km) from the Omani coastal town of Sharbithat some time after the crew reported a suspected explosion on June 8. It had been en route from Russia to India.
Reuters reported that the tanker was carrying an estimated 800,000 barrels of sanctioned oil and that it ran aground on June 30.
An investigation by the news agency AFP found that the ship had been stranded for several weeks near Oman’s al-Qibliyyah Island.
In the meantime, the oil has been spreading towards Oman’s coastline.
The Oman News Agency (ONA) quoted the country’s environment authority saying that “today’s monitoring results showed that some beaches in the Ras Madrakah area were affected by oil pollution”.
The Indian Ocean town sits about 200km (125 miles) from al-Qibliyyah.
The slick is now concentrated around the Hallaniyat Archipelago off the southern coast, where a marine reserve was established last year to protect sensitive ecosystems home to diverse marine life, including rare sea turtles.
On Wednesday, the ONA reported that “a coastal stretch of up to 40 km in the [Ras Madrakah] area is expected to be affected”.
The southern beaches of Masirah Island, which lies 15km (nine miles) off the coast of Oman, could be contaminated “in the coming hours”, affecting a 10-20km (six-to-12-mile) stretch of coastline, it said.
An unnamed spokesperson for the United Nations International Maritime Organization said it was “closely monitoring” the leakage.
The damaged and half-sunk oil tanker Caroline Bezengi, at sea off the coast of Oman, on a date given as August 6, 2026 [Ambrey/Handout via Reuters]
How did this happen?
British maritime security company Vanguard told AFP that the tanker had suffered “explosions” in early June as it sailed off the coast of Yemen, causing water to enter several sections of the vessel. It ran aground off the coast of Oman some time after this.
There has been no official explanation for the explosions and no party has claimed an attack. However, the vessel was navigating two separate wars on its journey from Russia to India. Tankers have been frequently targeted in the Gulf region in recent months as the US war on Iran has continued.
In April, the Caroline Bezengi sailed from the Russian port of Novorossiysk on the Black Sea, a flashpoint in the Russia-Ukraine war.
It is believed to be part of Russia’s “shadow fleet” used to circumvent Western sanctions on its oil exports. It last sailed under a Cameroonian flag.
Rentoor Shipmanagement and Villar Shipmanagement, both based in China, are registered as the ship’s owner and operator, respectively, according to the open-source database OpenSanctions.
Russia’s shadow fleet includes ageing vessels that have often been criticised for poor maintenance, lack of insurance and lacklustre safety standards.
Ukraine has previously carried out assaults on shadow fleet vessels believed to be carrying Russian oil.
The Caroline Bezengi then passed through the Suez Canal at the end of May, ship-tracking data shows, before sailing through the Red Sea and past Yemen, where the Iran-aligned Houthi fighters have entered a wider regional war between the United States, Israel and Iran and are targeting Saudi Arabia-flagged ships.
What damage could the oil spill cause?
Last week, advocacy group Greenpeace warned that the spill was on the verge of causing an “environmental disaster”.
Christopher D’Elia, a specialist in oil spills and a professor emeritus at Louisiana State University in the United States, told Al Jazeera the estimated 800,000 barrels of crude on board the Caroline Bezengi would amount to a “fairly large spill”.
“This spill raises a lot of issues,” D’Elia told Al Jazeera.
“These illegal tankers don’t comply with the ‘polluter pays’ principle that is the basis for how the US and other developed nations regulate spills,” D’Elia said.
“The ‘responsible party’ must finance the cleanup in the US. In this case, there is no responsible party.”
Meanwhile, Iranian media reported on Wednesday that a separate oil spill in the Strait of Hormuz had reached the island of Qeshm, affecting beaches and an environmentally sensitive mangrove forest.
State-run news agency IRNA said the slick had affected areas on Qeshm’s southern coast, as well as parts of the smaller neighbouring island of Hengam.
Iran’s Ministry of Foreign Affairs spokesman Esmaeil Baghaei said pollution had been observed at three locations and on the sea surface, adding that its source seemed to be a “foreign bulk carrier”, without specifying the name of the ship.
The risk of oil spills in the Gulf has risen sharply because of strikes on tankers during the five-month US-Iran war. The International Maritime Organization (IMO) has reported 65 incidents in the Strait of Hormuz and across the Middle East since the beginning of March.
“Any party that benefits from commercial shipping through the Strait of Hormuz is legally and morally obligated to take action to compensate for and remedy the environmental damage caused to the Persian Gulf and the Gulf of Oman,” he said.
Iran continues to deny claims by the United States that it controls the Strait of Hormuz as talks aimed at negotiating a peace deal between the two sides falter.
US President Donald Trump repeated his claim that the US is in “total control” of the critical waterway on Wednesday, but was met with angry denials from Iran, which has stated that it will not reopen the strait until demands regarding US aggression, reparations and sanctions are met.
“Claims and repeated posts by US officials that the Strait of Hormuz is no longer blocked do not change the reality,” Iran’s Persian Gulf Strait Authority (PGSA) posted on X on Wednesday.
“The Strait of Hormuz remains blocked and will not be reopened until Iran’s conditions are accepted,” it added.
Here’s what we know about the latest developments in the strait, through which one-fifth of global oil and liquefied natural gas (LNG) supplies are shipped during peacetime, and the prospects for ongoing talks.
What’s the latest on the US-Iran standoff?
Iranian forces are currently preventing ships that do not have its express approval from navigating through the narrow strait, which passes through territorial waters of Iran and Oman.
Despite Trump’s claim that the US has control over the strait, shipping traffic through the key waterway has dropped to a one-week low as a result of Iran’s blockade.
Meanwhile, the US is operating a naval blockade on Iranian ports both in and around the strait. On Tuesday, US forces targeted a Panama-flagged vessel they said was headed for an Iranian port, in the Gulf of Oman, and which they alleged had failed to respond to warnings.
On Thursday, Iran’s Foreign Minister Abbas Araghchi said the US “has long miscalculated due to intelligence failures”, including when launching its war on Iran, which it did alongside Israel with strikes on Tehran on February 28.
In a post on X, Araghchi said Washington’s actions in the Strait of Hormuz were “an even bigger miscalculation”.
“Worse than fake news is fake intelligence,” he said.
Hojjatoleslam Hossein Taeb, the commander of the paramilitary Basij Organisation – an affiliate of Iran’s Islamic Revolutionary Guard Corps (IRGC) – reiterated that the strait is “under Iran’s control and management”.
“Today you see that the Strait of Hormuz is under the management and control of the Islamic Republic, and our country continues on its path in complete security,” Taeb said on Thursday, according to Iran’s semi-official Fars news agency.
“The Americans saw the power of the Islamic revolution,” he added.
What do we know about Iran-Oman talks?
Iran says it is not talking directly to the US about the strait. Instead, it says it is holding talks with Oman, which it proposes to share in the future management of the strait.
Following the signing of a memorandum of understanding between Iran and the US on June 17, under which Iran undertook to keep the strait open for 60 days, there were soon disagreements about control of the waterway and the routes that ships should take. Iran fired on some ships it said had not followed its permitted route, leading to a renewal of hostilities with the US.
Iran also disagreed with the US over whether it could charge fees to ships passing through the strait. As a result, the strait – which was fully and freely open to all shipping before the US launched its war on Iran – has become the main obstacle to the progression of wider peace talks.
Now, talks between Iran and Oman are aimed at ironing out these issues.
On Tuesday, Qatar said negotiations between Iran and Oman over the strait had reached “an advanced stage”.
“As mediators, we want the Strait of Hormuz reopened as soon as possible,” Qatari Foreign Ministry spokesman Majed al-Ansari said during a news conference.
Negotiators are trying to reach a compromise that would allow commercial shipping to resume while addressing the security concerns of both Iran and Oman.
The Iranian Foreign Ministry spokesman has said talks with Oman are focused on “establishing safe inbound and outbound shipping lanes” that “uphold sovereign rights while also addressing the national security considerations of both Iran and Oman”.
Last week, Iran said it had agreed on the coordinates for these shipping lanes with Oman.
What do we know about broader peace talks between Iran and the US?
Iran says it is not speaking directly to the US because it has violated the June 17 MoU by restarting strikes on Iran in July.
Now, Pakistan is making efforts to mediate peace talks. It said on Tuesday it was working to bring the US and Iran “to the negotiating table”, as Interior Minister Mohsin Naqvi held talks with senior Iranian officials in Tehran.
In April, the US and Iran held face-to-face negotiations, with US Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf attending talks in Islamabad. On June 17, the two sides remotely signed the MoU, which was supposed to kick-start a 60-day negotiation process. However, various disagreements prevented that process from getting off the ground, and talks have stalled since then.
Alan Eyre, a distinguished diplomatic fellow with the Middle East Institute in Washington, DC, told Al Jazeera earlier this month that the only important negotiations taking place right now are Iran-Oman talks over the Strait of Hormuz.
Iran says it is not worth talking directly because it “can’t count on anything the US says”, Eyre said.
Commenting on the possibility of future talks between the longtime foes, Negar Mortazavi, senior fellow at the US-based Center for International Policy, said the key question is whether the escalatory rhetoric from both sides is “opening negotiating positions or actual red lines”.
“If both sides are prepared to compromise, there is still a path towards ending the conflict and reopening the strait,” Mortazavi told Al Jazeera on Wednesday.
“If they are not, Hormuz could remain restricted, and the confrontation risks becoming another prolonged, open-ended conflict in the Middle East.”
What are the latest demands from Iran and the US?
At the end of last week, Iran’s Supreme National Security Council set out new conditions it says the US must meet before the Strait of Hormuz can fully reopen.
The six conditions include an end to US threats against Iran and insults to what Zolghadr described as the country’s national and religious values; a permanent end to attacks against Iran and its allies in Lebanon, Palestine, Yemen and Iraq; the lifting of the US naval blockade and withdrawal of naval and air forces from around Iran; compensation for damage from what he called two “imposed wars”; the lifting of sanctions; and the unconditional release of frozen Iranian assets.
Trump told reporters at the White House on Monday that his administration was going to seek payment for “50 years” of damage caused by Iran, framing the move as a direct response to Tehran’s claims.
The payments, he said, would cover deaths among US forces in the region as well as civilian protesters in Iran, claiming that 52,000 people have been killed in Iran in the past four months. Tehran says some 3,117 people died in antigovernment protests that swept the country in January, prior to the launch of the US-Israel war. In February, the US-based Human Rights Activists News Agency (HRANA) reported about 7,000 deaths, including 6,500 protesters.
On Thursday, Al Jazeera’s Tohid Assidi reported, citing observers, that Iran is focused on two primary issues.
“First was the security assurances Iran sought, ensuring that a reached deal could pave the way for a period of stability in the country,” Assidi said.
“Second were economic concerns, primarily articulated in demands for the US naval blockade to be removed and sanctions frozen, which represented the key demands coming from the Iranian side,” he added.
Despite the rhetoric from Trump, analysts have told Al Jazeera that the US may have to concede to some of Iran’s demands as it faces growing pressure domestically to avoid another escalation.
The US media have reported that concerns over dwindling defensive munitions have contributed to Trump’s decision not to carry out his threatened large-scale strikes against Iran.
The deaths on board the Egyptian-owned Tihamah mark first shipping deaths linked to Houthis since the US-Israel war on Iran began.
Published On 12 Aug 202612 Aug 2026
Yemen’s internationally recognised government has accused the Houthi rebel group of killing at least six people and wounding 10 others in a double-tap strike on a cargo vessel in the Bab al-Mandeb strait.
The attack on the Egyptian-owned Tihamah on Tuesday marks the first shipping deaths linked to the Iran-aligned Houthis since the United States and Israel launched the war on Iran on February 28.
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Yemen’s Transport Ministry said three Pakistani nationals and one Indonesian national were killed after the Houthis fired three ballistic missiles at the commercial ship, sparking a fire and causing “significant damage” to the vessel.
Yemen’s coastguard said in a separate statement that the Houthis fired another missile at the ship as rescue personnel were evacuating the dead and wounded.
“The attack struck the site of the rescue operation and resulted in deaths and injuries among the forces participating in the response operation,” the coastguard said.
At least two troops were killed in the second strike.
Ten people were wounded in total, including seven crew members, it added.
Houthi-Saudi truce unravels
Yemen’s Foreign Ministry condemned the attack and called on the international community “to move from condemnation to effective and decisive action” against the Houthis.
There was no official comment from the Houthis.
But the Houthi-run news agency Saba reported that the group had attacked a Saudi ship carrying military equipment in Bab al-Mandeb. It did not name the ship, and there was no immediate Saudi response to the report.
In a separate incident on Tuesday, the US military said it fired on a ship attempting to break its blockade of Iranian ports in the Gulf of Oman. The US Central Command said a Navy helicopter fired two Hellfire missiles at the Panama-flagged Vela Nova cargo vessel, but did not say if any crew members were wounded.
The escalation in Yemen follows the collapse of a years-long truce in the country’s civil war between the Houthis and the Saudi-backed, internationally recognised government.
The breakdown of the United Nations-backed 2022 truce followed a Saudi air strike on the runway of Sanaa airport on July 13, preventing the landing of an Iranian flight carrying a high-ranking Houthi delegation.
The Houthis then attacked the Abha airport in southwestern Saudi Arabia and announced a blockade on Saudi shipping in the Red Sea. They have also attacked Saudi vessels as well as oil facilities in the kingdom, adding further disruption to the global economy.
The Saudi-led coalition, in turn, has struck Houthi-controlled Hodeidah and Kamaran, Yemen’s largest island in the Red Sea.
The Houthis have also launched attacks on government-held areas in Yemen, including the port city of al-Makha (Mocha) on the Red Sea and the central city of Marib, killing dozens of troops and civilians.
Yemen’s internationally recognised government on Tuesday said the Houthis launched 10 missiles and four drones during a series of further attacks on sites on the country’s western coast.
The Houthis said they had launched ballistic missile and drone attacks “targeting Saudi military buildups, weapons depots and command posts” in al-Makha and the central Marib province.
The UN has called for restraint, saying the renewed hostilities risk “drawing the country into a broader regional confrontation, with devastating consequences for its people”.
Tehran, Iran – Iran’s authorities are weighing a finalised arrangement with Oman over the Strait of Hormuz, but top officials maintain that the strategic waterway’s full reopening will hinge on concessions from the United States.
Foreign Minister Abbas Araghchi on Saturday said the agreement with Oman was “very close”, but cautioned that a full reopening of the strait would depend on the US staying true to commitments given as part of a June memorandum of understanding (MoU) that were violated.
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Iran has previously slammed the US for backing a southern Omani route in the waterway without coordination with Tehran, not halting Israel’s attacks on Lebanon, and refusing to unfreeze any of Iran’s money blocked abroad due to sanctions.
Separately on Saturday, Hossein Mohebbi, spokesperson for the Islamic Revolutionary Guard Corps (IRGC), told state media the reopening of the Strait of Hormuz “has its own specific mechanism and has nothing to do with the negotiations between Iran and Oman”.
He added the US will have no choice but to accede to “conditions” set by the Islamic republic to reopen the strategic strait, which Mohebbi said the IRGC views as not just an economic waterway, but a source of power tied to Iran’s geographical position that it intends to leverage.
The IRGC spokesman urged the administration of US President Donald Trump not to “interfere” in the talks with Oman, “which have nearly reached their conclusion”.
On Friday, the spokesperson for the national security commission of Iran’s hardline-dominated parliament also confirmed that the framework of an arrangement with Oman over the strait had been agreed upon, and a deal could be expected soon.
Hassan Qashqavi said the decision was pending a green light from “higher levels”.
(Al Jazeera)
In a televised interview, President Masoud Pezeshkian said he would “strongly defend” the MoU signed with the US in June and once again rejected speculation that he would abandon his office, despite claims by hardliners that he has used the threat of resignation as a way of combatting opponents who are against a diplomatic resolution with the US.
The Ministry of Foreign Affairs said earlier that a joint statement could be expected with Oman if a deal is reached to bring back some traffic to the strait, which has been mostly disrupted since the US and Israel attacked Iran on February 28.
Iran and Oman have agreed on the coordinates of routes to be taken by vessels through the waterway as part of the arrangement. Inbound traffic is to pass through a northern lane through Iranian territorial waters, while outbound traffic will go through a southern lane in Omani waters, coordinated with Iran.
US media have said the interim agreement is envisaged for 60 days and can be extended. They have also reported on discussions concerning naval mine clearance from a central corridor that could be utilised in the future, the passage of military vessels and a potential coordinated fee system for passing vessels.
There are questions over what will happen with a US naval blockade of Iran’s southern ports and a drawback of US military assets, which Iran has said will be necessary on the way to fully reopening the strait, through which about 20 percent of the world’s oil passes in peacetime.
Even more ambiguous are prospects of a broader long-term resolution that will also address the future of Iran’s nuclear programme, as well as years of harsh US sanctions over nuclear enrichment that have exacerbated economic shockwaves imposed against 90 million Iranians.
In the meantime, while military activity has significantly dropped across the region to give space to the Oman talks, tensions remain high and maritime security continues to dominate discussions.
The United Arab Emirates said a vessel belonging to the Abu Dhabi National Oil Company (ADNOC) was targeted by a missile while crossing the Strait of Hormuz on Saturday, but that there were no casualties.
In a statement, the UAE’s Ministry of Foreign Affairs said targeting commercial shipping and using the strait “as a tool of economic coercion or blackmail represents acts of piracy” by the IRGC “and constitutes a direct threat to the stability of the region, its peoples, and global energy security”.
The Iran-aligned Houthis in Yemen also continue to face off against Saudi Arabia and create disruptions for Saudi-linked vessels in the Red Sea and the Bab al-Mandeb Strait.
On Friday, the Houthis launched a deadly attack on an area of Marib controlled by the Saudi-backed, internationally recognised Yemeni government, with the government announcing a military response on several fronts on Saturday.
The Yemeni group also struck southwestern Saudi Arabia’s Najran on Thursday, a day after claiming two separate attacks on Saudi oil tankers.
Traffic in both the Bab al-Mandeb and Hormuz straits was down to just a handful of vessels on Wednesday on the back of the latest escalations, but has relatively rebounded while still far from unobstructed pre-war levels. Some ships have resorted to turning off their transponders to avoid being detected.
Global energy markets have once again welcomed the increasing prospects of a diplomatic agreement that could positively affect the Strait of Hormuz, with Brent crude standing at about $83 per barrel at Friday’s close.
Markets inside Iran also reacted positively on Saturday, the first day of the working week in Iran, with the national currency strengthening to 1.85 million rials against the US dollar, slightly recovering from all-time lows of about 1.94 million reached last week.
The main index of the Tehran Stock Exchange also climbed by 112,000 points or just over 2 percent to reach 5.52 million, near an all-time high.
The Saudi, Pakistan, Turkiye defence pact faces mixed reactions, with some Iranian officials doubting its security guarantees. Iran and Oman agree on a Hormuz framework, while fighting in Yemen escalates between government forces and Houthis.
Al Jazeera’s @Mohammadfff_ reports.
Rear Admiral Abdullah bin Salem Al-Shehri will lead the multinational coalition’s naval defence to protect trade, energy routes.
Published On 6 Aug 20266 Aug 2026
Saudi Arabia has announced the appointment of a commander for a multinational maritime defence alliance to protect freedom of navigation through the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden.
The Saudi Ministry of Defence said in a statement on Thursday that Rear Admiral Abdullah bin Salem Al-Shehri has been appointed commander of the coalition a week after its establishment.
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Al-Shehri will oversee joint naval defence, coordinate with member states and other maritime coalitions, and carry out missions under the coalition’s charter, it added on X.
Bahrain, Bangladesh, the Comoros, Djibouti, Egypt, Jordan, Kuwait, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Turkiye and Yemen announced the formation of the coalition on July 30.
More countries are completing the procedures to join the coalition with some having already signed the joint declaration and others preparing to sign the declaration and charter before their formal accession as founding members, the Saudi statement said.
The ministry described the coalition as “an open international coalition that welcomes the accession of all countries that align with its goals and principles”, adding that it continues to receive new membership applications.
The coalition will hold a planning meeting August 12-13 to finalise its institutional framework and pave the way for more countries to join, according to the ministry.
The 14 countries that announced the formation of the Multinational Maritime Defence Coalition declared their intent to protect freedom of navigation and secure international trade routes and energy supply routes in the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden, which form a strategic maritime corridor linking the Indian Ocean to the Mediterranean.
This comes as the United States-Israel war on Iran has become focused on the Strait of Hormuz. The virtual closure of the route, through which about 20 percent of global oil and gas supplies transited before the conflict, is weighing heavily on the global economy.
Cargo vessels are seen July 21 at one end of the Strait of Hormuz near the coast of Dibba Al Fujairah, United Arab Emirates. Photo by stringer/EPA
Aug. 5 (UPI) — Iran and Oman are in the final stages of a joint agreement to manage commercial shipping in the Strait of Hormuz, agreeing on a route for ships Wednesday, the Iranian foreign ministry said.
However, Iran will not open the strait to traffic until the United States ends its blockade, the ministry said, CBS reported.
Iranian Deputy Foreign Minister Kazem Gharibabadi told state-run media that there is agreement between Iran and Oman on proposed inbound and outbound shipping routes in the strait, CNN reported.
Iran and Oman are on opposite sides of the strait, a major commercial waterway used for much of the world’s oil and gas supplies. They’ve been in negotiations over it for about three weeks. Before the United States and Israel attacked Iran in February, the strait was an open international waterway, but Iran closed it in response to the attacks.
“The geographic coordinates of the route envisioned by both sides have been agreed upon,” said Esmail Baghaei, spokesman for the Iran Foreign Ministry, told the country’s state news agency, as reported by The New York Times. “If certain third parties do not obstruct the process, a joint statement by the two countries,containing the principal considerations and points of agreement, is currently in the final stages of review and drafting.”
U.S. President Donald Trump told reporters there has been a lot of progress on reopening the strait and that it will reopen “soon,” perhaps even as soon as Wednesday or Thursday. However, Gharibabadi denied again that Iran is negotiating in any way over the waterway with the United States, CNN said.
A deal between the US and Iran could be signed within 48 hours, according to US officials. The agreement would reportedly focus on reopening the Strait of Hormuz and could mark a first step towards broader negotiations.
Highlighting the precarious nature of vessel transits through this narrow passage between Iran and the United Arab Emirates (UAE), another ship was struck by Iran overnight as it was leaving the Strait, a maritime security official told TWZ.
The Gulf of Oman, which is the eastern approach to the Strait and the Persian Gulf, is largely controlled by Iran to the north and Oman to the south. Under the emerging agreement between those countries, “vessels heading into the Persian Gulf will transit a channel controlled by Iran, and close to its coast. Ships leaving the Gulf will travel on a channel near Oman,” The New York Times reported.
Both Iran and the U.S. are already following this general traffic pattern, with the U.S. Navy recommending transits close to the Omani coastline and Iran pushing shipping toward its shores. The middle of the Strait has been deemed too hazardous because of the threat primarily from mines. The new plan being pushed by Iran and Oman would expand the use of these traffic patterns. Unless there is some special cutout made in the deal, it could require the U.S. Navy to seek permission to enter the Persian Gulf and then have to make the transit deep in Iranian waters, giving American warships degraded defensive options and putting them in the heart of Iran’s weapons engagement envelope.
Strait of Hormuz (Google Earth)
While Iranian officials say that they won’t impose tolls, the accord does include a charge for service fees to cover the environmental impact of the shipping, security for the cargo ships and tankers, and staffing, the publication added. Revenues would be divided equally between Iran and Oman, two Iranian officials told the Times.
Reuters reported on Tuesday that “Tehran is unlikely to change its position,” because it has already shown flexibility by moving from its initial position of seeking full control over traffic in both directions in the strait.
But a U.S. official familiar with the negotiations told the Times on Monday that the Iranian account was “not accurate,” and said that any “temporary” routes established through the strait would not involve approvals or permissions by Iran, and would involve no tolls.
If this sounds familiar, there is good reason. We wrote about a similar scheme that was floated by Iran and Oman back in May. And, just like now, it came during a lull in fighting and as Trump insisted the Strait be open for all with no fees for transit.
Regardless of the plans for the Strait being discussed by Iran and Oman, the Trump administration on Tuesday said it could soon work out a deal with Iran on the matter.
“We are in talks with the Iranians,” Treasury Secretary Scott Bessent told CNBC’s “Squawk Box.” “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.”
“It would be freedom of movement,” the Treasury Secretary said when asked whether Iran would be allowed to charge a toll.
All this follows Trump’s claims on Monday that talks with Iran were ongoing and that he is giving Tehran a “last chance” before ordering new strikes. Iranian officials, however, vociferously denied Trump’s claim and said they are prepared to fight.
“We’re talking, and we’re talking at the request of Iran, backed by Saudi Arabia, backed by UAE and backed by Qatar in particular, but others also,” Trump told reporters Monday at the White House. “They all wanted to give this a last chance. This is a last chance. This is not something that if it doesn’t happen. This is the last chance for them.”
Q: “Are the talks with Iran now off?”
President Trump: “No, they’re going on. They’re going on right now…this is the last chance for them to sign a good document.” pic.twitter.com/H9RxAHmjCP
On Sunday, Trump stated that he called off a major attack on Iran to give diplomacy another chance to work. Asked Monday what his message to the American people is now that he has called off strikes at least five times, Trump replied: “Well, you don’t know, I don’t know, I think we’re going to maybe get something. But I want to give them every last chance before decapitation. Very tough to do what we have planned, still planned. We’ll see what happens.”
Reporter: Mr. President, this is at least the fifth time you’ve called off airstrikes against Iran since April to negotiate. What is your message to the American people who are wondering what has changed this time? Why should it be any different?
Hours before Trump spoke at the White House, Iranians dismissed both the notion of ongoing talks and U.S. control of the Strait.
“We currently have no negotiations with the United States,” Foreign Ministry Spokesperson Esmail Baqaei told reporters, according to the official Iranian Fars news agency. “Instead, we are working, in consultation with Oman, to determine a route for vessel traffic through the Strait of Hormuz at the earliest opportunity. This arrangement is naturally temporary and is intended to ensure the safety of navigation in the Strait of Hormuz.”
Responding to claims that Pakistani and Qatari representatives were involved in negotiations with the United States, Baqaei said, “I am not aware of any such matter. We are neither expecting to host a delegation in the coming days nor planning to send one abroad.”
The Iranians appear to be coalescing around hardliners from the Islamic Revolutionary Guard Corps. One Israeli journalist suggested that Supreme Leader “Mojtaba Khamenei has given IRGC Commander Ahmad Vahidi the final say on all key decisions regarding the United States.”
• According to my sources, Tehran has concluded that the United States can no longer be trusted, and IRGC Commander Ahmad Vahidi’s approach has effectively become the regime’s official policy.…
— דרור בלאזאדה | Dror Balazada (@DBalazada) August 3, 2026
As we noted earlier in this piece, amid debate over control of the Strait, Iran struck the Liberian-flagged bulk carrier Minoan Pioneer with an unknown projectile near the Oman coast, a maritime security official told us.
The United Kingdom Maritime Trade Operations center (UKMTO) stated on X that it “received a military-source report of a mayday from a vessel. A second vessel relayed that the first vessel was struck by an unknown projectile in its engine room and crew accommodations.”
“One crew member was reported missing and the remaining crew evacuated safely, UKMTO added. “A fire was reported, the vessel lost power and required assistance. The vessel was last reported at anchor. UKMTO has been unable to contact the vessel.”
Meanwhile, United States Central Command (CENTCOM) still enforces a blockade of Iranian ports, an operation that remains a sticking point in the negotiation process.
“As of Aug. 3, CENTCOM has redirected 44 commercial vessels, disabled 2, and boarded 2,” the command stated on X Monday afternoon.
U.S. forces continue to strictly enforce the U.S. blockade against Iran. As of Aug. 3, CENTCOM has redirected 44 commercial vessels, disabled 2, and boarded 2. pic.twitter.com/dTu90UVAcH
As the U.S. continues to maintain a large presence in the region, another report emerged highlighting the immense expenditure of munitions during this conflict.
The U.S. Army has “used up much of its stockpile of highly accurate long-range missiles” since Epic Fury was launched on Feb. 28, Reuters reported, citing three people familiar with the data.
The missiles are principally the Army’s surface-to-surface weapons, known as Army Tactical Missile Systems (ATACMS) and Precision Strike Missiles (PrSM). The U.S. has used “virtually all” of these weapons, according to two of the sources. The sources all declined to say how many of each munition the U.S. had left.
Supply figures on ATACMS and PrSMs “circulated inside the federal government over the last week during tense conversations inside the Trump administration about how much longer the U.S. can continue striking Iran without drawing down the stockpile to levels that would limit the military’s ability to respond to crises elsewhere,” Reuters added.
That PrSM is low is no surprise because the production just began. But no one should pretend that the combined depletion of ATACMS/PrSM is not a huge problem. https://t.co/BuSJNFZ8JH
Several days earlier, “the top U.S. general in Europe privately warned the Pentagon…that he lacks sufficient naval forces to continue protecting Israel from incoming ballistic missiles,” The Washington Post reported.
Gen. Alexus Grynkewich, the head of U.S. European Command, “sent written notification to senior Pentagon officials saying that without another Navy destroyer he will be forced to choose defense of the United States ‘homeland’ over that of Israel, said the officials,” the Post stated. “A U.S. defense official said Grynkewich’s notification appears consistent with past outreach to the Pentagon from the military’s top generals when they see certain risks that require Washington’s consideration. This can occur, the official said, as commanders compete for finite resources and weapons.”
EXCLUSIVE: The top U.S. general in Europe has privately warned the Pentagon that he needs more naval forces if he is to continue protecting Israel from incoming ballistic missiles.
Destroyer deployments and maintenance are at issue after months of war with Iran, officials say.
The depletion of ATACMS and PrSMs and Grynkewich’s notification come amid growing concerns over the supply of munitions, especially air defense interceptors. The lack of sufficient magazine depth is an issue that TWZ has raised frequently for years, and especially in regard to America’s air and missile defenses, in particular. In fact, we laid out in detail these exact concerns and how they would be a major issue in war with Iran just prior to the conflict starting in a feature you can read in full here.
New estimates of American Patriot PAC-3 and THAAD anti-ballistic missile interceptor stockpiles in American inventory from CSIS.
“This targeting comes in response to the Saudi enemy’s violation of the airspace in the provinces of Saada and Hajjah using its drones,” Houthi spokesman Yahya Saree claimed on X. “We affirm to the Saudi enemy that any violation of our airspace will not go unpunished or without retaliation.”
There was no immediate confirmation about the attack from the Saudis. The Houthis often exaggerate or make up claims and TWZ cannot independently verify this one.
تمكنت القوات المسلحة اليمنية بفضل الله من استهداف هدف حساس للعدو السعودي في مطار نجران وذلك بطائرة مسيرة وكانت الإصابةدقيقة. يأتي هذا الاستهداف رداً على خرق العدو السعودي للأجواء في محافظتي صعدة وحجة بطيرانه المسير. نؤكد للعدو السعودي أن أي خرق لأجوائنا لن يمر دون رد وعقاب.
However, Saudi ship transits through the BAM are now almost non-existent since the Houthis imposed their blockade, according to the Windward maritime intelligence firm.
“Crossings fell to a lower baseline after the July 20 Houthi threat announcement, driven almost entirely by the collapse in Saudi-linked traffic,” Windward noted on X. “Non-Saudi vessels have held steady for two weeks at an average of 37 crossings per day — roughly 22% below pre-announcement levels. Saudi-linked crossings dropped to just 0.86 per day last week, the lowest recorded so far, with zero crossings on three of the seven days.” The threat “is functioning as a selective pressure on Riyadh’s Red Sea export route rather than a blanket corridor shutdown,” Windward added. “This matters because Saudi Arabia had already shifted significant volumes to Yanbu and the Red Sea to bypass Hormuz. That alternative is now under direct commercial strain.”
Saudi traffic through Bab el-Mandeb has almost vanished.
Crossings fell to a lower baseline after the July 20 Houthi threat announcement, driven almost entirely by the collapse in Saudi-linked traffic.
Non-Saudi vessels have held steady for two weeks at an average of 37… https://t.co/sCZaS7P9ma
As we have frequently detailed, a Houthi blockade of the BAM threatens to add far greater pressure on oil exports from the Middle East, already drastically affected by the Iranian closure of the Strait of Hormuz and the resumption of the U.S. blockade on Iranian ports. Asia in particular relies on these shipments. The Yemeni rebel group has expanded its target set, hitting oil terminals and infrastructure Saudi Arabia is using to pump supplies to tankers in the Red Sea. The kingdom has diverted millions of barrels of oil per day through pipelines to its Yanbu port on the Red Sea in an effort to minimize the energy shortages due to the hostilities in the Persian Gulf. Even with the BAM closed, oil exports could still head to the West, via the Suez Canal.
But if the infrastructure used to convey these energy products is put out of action, the consequences could be even more severe, with far less or even no energy supplies from Saudi Arabia moving out of the Red Sea. The closing of the BAM also raised the specter of the U.S. having to get as involved as it did during the previous Houthi campaign against shipping that ended last September, which could pull resources away from Iranian-focused operations.
Though there is conflict in two regions of the Middle East, an expansion to Ukraine appears to have been avoided.
Major General Mohsen Rezaei, military adviser to Iran’s Supreme Leader, claimed on Monday that Tehran was prepared to launch a strike against Ukraine in retaliation for a Ukrainian attack on an Iranian ship in the Caspian Sea last month.
The situation dates back to July 26, when Ukrainian President Volodymyr Zelenskyy reported a successful long-range strike on a ship in the Caspian Sea that, according to him, was being used to transport military cargo to Russia. Iran accused Ukraine of attacking a civilian vessel in the Caspian Sea, claiming that one sailor was killed and another wounded.
Military adviser to Iran’s Supreme Leader, Major General Mohsen Rezaei:
“We had prepared to strike three different locations in Ukraine, but after they publicly apologized for striking our vessel, we decided not to escalate.” pic.twitter.com/GR8z64G2pW
The US president says Gulf allies and Tehran urged him to delay planned strikes.
By Al Jazeera Staff, AFP and Reuters
Published On 2 Aug 20262 Aug 2026
United States President Donald Trump has said that negotiations with Tehran are set to begin on Monday after he decided to hold off on new strikes on Iran in pursuit of a deal.
Trump said on Sunday that a plan was in place for the US to launch “the biggest attack since World War II” against Iran but that he halted it to give diplomacy a chance.
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“Obviously, they don’t want to be attacked. They knew the extent of the attack because they saw it forming,” Trump told reporters on board Air Force One on Sunday.
“Now what we’re doing is talking to them in the form of a negotiation. It begins tomorrow afternoon.”
He gave no details about the venue or participants in the talks.
Trump pulled back from threats of an attack on Saturday after saying the “perimeter” of a deal was in place.
In his latest comments, Trump said Iran and US partners Saudi Arabia, the United Arab Emirates and Qatar had urged him to hold off on the strikes.
“When the allies asked to call it off, you’ve got to sort of say, ‘Well, let’s see.’ And the reason they ask is they think there’s a deal,” he said.
“There’s a deal on [the Strait of] Hormuz, and then there will be a deal on the nuclear, or you might call it the denuclearisation of Iran.”
He said Saudi Arabia’s Crown Prince Mohammed bin Salman had also urged against the strikes, warning of possible unintended consequences.
“I mean, will they be flooded with people pouring into their country and disaster? A lot of bad things can happen,” Trump said.
Regional diplomacy intensifies
Trump’s announcement came hours after Iranian Minister of Foreign Affairs Abbas Araghchi held a second phone call with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, joined by Pakistani Army Commander Asim Munir, to discuss recent diplomatic efforts.
The officials exchanged views on the current situation and on “initiatives aimed at maintaining and strengthening security and stability” in West Asia, Araghchi said in a Telegram post. They also stressed the need to use regional cooperation and political solutions, he added.
Earlier on Sunday, Iran’s official news agency IRNA reported that negotiations between Tehran and Oman over the Strait of Hormuz were in their final stages, citing Araghchi.
Iranian Ministry of Foreign Affairs spokesperson Esmaeil Baghaei said the negotiations focused on agreeing to a new route through the strait, adding that this had “no link to the Strait of Hormuz being opened or closed. That is a separate discussion”.
The war began on February 28, when the US and Israel launched surprise strikes against Iran, although months of on-and-off diplomacy have led to periods of relative calm.
A previous ceasefire deal, which included the reopening of the Strait of Hormuz, a vital conduit for global energy supplies, fell through. Iran has since tightened its control over the waterway as the two countries resumed attacks against each other in recent weeks.
Oil prices fall as escalation fears ease
Oil prices dropped sharply in early trading after Trump abandoned plans for a new military operation against Iran, easing fears of further disruption to Gulf energy supplies.
Brent futures were down $4.08, or 4.64 percent, at $83.85 a barrel on Sunday. West Texas Intermediate lost $4.01, or 4.74 percent, to trade at $80.66, according to the Reuters news agency.
The decline reversed part of last month’s surge, when both benchmarks gained more than 20 percent as renewed US-Iran fighting and attacks on commercial vessels near Oman intensified concerns over shipping through the region.
Iran’s foreign minister says negotiations with Oman on the Strait of Hormuz are entering their “final stages”, as Tehran insists the vital waterway will never return to its pre-war status.
In a post on Telegram on Sunday, Abbas Araghchi said that in a report he presented to the cabinet, he described the negotiations between Tehran and Muscat as “on the way to being finalised”.
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Foreign Ministry spokesman, Esmail Baghaei, said that Tehran and Muscat were close to reaching a deal on a new maritime route through Hormuz, separate from existing corridors.
“We are now going to reach an understanding on a route acceptable to both sides – neither the northern route nor the southern route – but one that respects the sovereign rights of both sides and safeguards our national interests and security,” Baghaei said in an interview with state television.
Muscat did not immediately comment on the matter.
Both Iran’s and Oman’s territorial waters border the Strait of Hormuz, the key waterway through which about 20 percent of global oil consumption is normally shipped.
Details of the new route were not immediately clear, but Iran has effectively maintained control over the strait since the outbreak of war. On February 28 , the US and Israel launched strikes aimed at destroying Iran’s missile programme, preventing a nuclear weapon and cutting off support for allied armed groups.
A June ceasefire collapsed within weeks in a dispute over shipping routes through Hormuz and fighting reignited in July.
Baghaei earlier said “an understanding between Iran and Oman on a new route has nothing to do with whether the Strait of Hormuz is reopened or remains closed”. He blamed the US for the closure and accused Washington of breaching its commitments, according to Iran’s Fars news outlet.
“The strait was closed because of the United States’ breach of its commitments, its naval blockade of Iran and all the hostile measures that the United States has taken against the Islamic Republic of Iran during this period,” he said.
Hassam Ghashghavi, spokesman for the Iranian parliament’s national security commission, said on Sunday that mediators were trying to revive the June memorandum of understanding with the US, and were aware that Hormuz remained the central issue, Iranian news outlet SNN reported.
Ghashghavi said it was possible that an Iranian delegation would travel to Muscat again as part of ongoing diplomacy. “This is the nature of diplomacy and this exchange of views continues regularly,” he said.
Two-sided messaging
The comments come after US President Donald Trump said early on Sunday that the US and Israel had agreed to halt new attacks on Iran, provided a deal to end the months-long conflict is reached “rapidly”.
Trump posted on Truth Social that the US was “locked and loaded and ready to go against the Islamic Republic of Iran”, but Tehran and other Middle Eastern countries asked him to hold off on new attacks.
“Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a DEAL.”
Trump said the deal “would include the Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat”.
“The Country of Israel joins me in this commitment. Get to work, everybody, and get it DONE,” he wrote.
Saudi Arabia’s Crown Prince, Mohammed bin Salman, (MBS) spoke to Trump by phone on Saturday, urging him to “prioritise dialogue” and “reduce escalation”, the Saudi Press Agency reported.
US news website Axios reported that MBS expressed concern over Trump’s plans for large, new attacks against Iran and reportedly urged him to refrain.
“We know that, in a larger context, Iran is habituated to dancing to the same old tune, as it is receiving this oscillating rhetoric from the US president about the possibility of another round of confrontation on the one hand, [while also hearing] statements about these talks going well and that a potential deal is within reach,” said Al Jazeera’s Tohid Asadi, reporting from Tehran.
“In that regard, we know that the Iranian side, at the same time, is responding with the same two-sided message, saying that the road for diplomacy is open on the one hand, [while also maintaining] full preparation for another round,” he added.