Rescuers are still looking for other missing climbers swept away in an avalanche on the world’s 12th largest peak.
Published On 1 Aug 20261 Aug 2026
Rescuers continue the search for six climbers still missing after an avalanche hit Pakistan’s Broad Peak, as officials identified one of the four recovered bodies as Nadhira Al Harthy, the first Omani woman to summit Mount Everest.
Pakistani authorities recovered three of the bodies on Friday in harsh weather that hampered flights by search and rescue helicopters, officials said, and identified them as Nepalese climber Pur Bahadur Gurung and American climber Sarah Mallory Geis, as well as Harthy.
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The officials did not immediately identify the fourth body that was found.
The expedition comprised five Nepali climbers, the Omani and American climbers, Pakistani climber Sohail Sakhi, a Chinese climber identified only as Wang, and one other foreign climber, according to the Alpine Club of Pakistan.
The expedition leader was the renowned mountaineer Nirmal Purja, a Nepal-born former soldier in the British army widely known as Nims Dai. He climbed the world’s 14 highest peaks in a record 189 days in 2019, an achievement featured in the Netflix documentary, 14 Peaks: Nothing is Impossible. His record was surpassed in 2023.
A file photo of Nirmal Purja, one of the team members of the all-Nepalese mountaineering team that became the first to scale Mount K2 in winter, gestures as the team arrives at Tribhuvan International Airport in Kathmandu, Nepal on January 26, 2021 [Niranjan Shrestha/AP Photo]
The climbers were swept away in an avalanche on the 8,051-metre (26,414ft) peak, the world’s 12th-highest mountain, about midday on Thursday. The area in which the search is taking place is “remote and difficult”, said Sajid Hussain, deputy director of the tourism department in Gilgit-Baltistan.
Of the world’s 14 highest peaks, eight are in Nepal, five in Pakistan and one in Tibet. Climbing experts say barely more than three dozen mountaineers have climbed all 14 peaks to date. Broad Peak is considered one of Pakistan’s most challenging climbs.
Nepal’s Gurung, known to his friends as Yukta, climbed Everest more times than anyone else from the Gurung community, with 10 successful ascents to his name, Nepal’s Online Khabar noted. He also successfully climbed 12 of the world’s 8,000-metre (26,246ft) peaks.
Yukta had also set a record by summiting Pakistan’s K2, the world’s second-highest peak, within 24 hours. He was regularly involved in rescue operations for tourists stranded in the mountains.
Oman’s Al Harthy held a master’s degree in geography and previously served as director of the Citizenship Department at Oman’s Ministry of Education, Gulf News reported. In 2019, she became the first Omani woman to reach the summit of Mount Everest, and then the first Omani to climb K2, the world’s second-highest mountain.
For the US’s Geis, it was her first try at an 8,000-metre peak in Pakistan.
Geis, 39, lived in San Antonio. She announced on social media earlier this year that she was closing her Pilates studio to take “a giant leap of faith into the unknown to see where life goes. I have a sneaking suspicion there will be lots of helmets, harnesses, and crampons involved.”
Sakhi was a guide for the company, as well as a geographer and high-altitude photographer who had climbed several of the world’s major peaks.
Mountaineer Nirmal Purja among those feared missing after avalanche hit Broad Peak, Pakistan alpine club says.
Published On 31 Jul 202631 Jul 2026
Ten climbers, led by renowned Nepali mountaineer Nirmal Purja, are feared missing after an avalanche in northern Pakistan where they were on a climbing expedition, the country’s alpine club said.
“The Alpine Club of Pakistan (ACP) has received deeply concerning reports of an avalanche that struck a team of climbers on Broad Peak (8,047m) in the Karakoram mountain range,” the club said late on Thursday, adding that the team was led by Purja and could not be reached since the incident.
Broad Peak is the 12th-highest mountain in the world.
The ACP said the expedition comprises 10 people, including five from Nepal, one from Pakistan, one from Oman, one from China, one from the United States, and another foreign climber whose nationality it did not disclose.
“The entire team has reportedly been out of communication since the avalanche,” the club said.
“Every possible effort is being made to ensure that helicopter support and all available rescue resources are mobilised at the earliest opportunity, subject to weather and operational conditions,” it added.
Purja, 43, also known as Nims Dai, has broken multiple climbing records since becoming a full-time mountaineer and tour guide in 2018, after leaving the British military.
He climbed all 14 “eight-thousanders” (peaks above 8,000 metres, or 26,000 feet) in six months and six days between April and October 2019, a record at the time.
In 2021, Purja completed the first winter ascent of K2 as part of a team of nine other Nepalese climbers.
To become a financial hub, the sultanate needs the infrastructure that a major custodian can provide.
U.S. custody giant State Street is expanding into Oman, a vote of confidence in the Gulf’s smallest aspiring financial center.
At the Oman Capital Market Conference in Muscat in early June, the bank signed an agreement with Riyadh-based Jadwa Investment, which manages about $30 billion in client assets, to jointly pursue institutional clients in the sultanate, with a focus on global custody and asset servicing. The agreement formalizes State Street’s deeper push into the Omani market. State Street, one of the big three global custodians alongside BNY and Northern Trust, has served Omani clients from a Muscat office for more than two decades.
The Gulf Cooperation Council, of which Oman is a member, is a declared strategic priority for State Street. But for both sides, the logic of the deal centers on infrastructure.
Targeting Emerging Market Status
Custody and asset servicing are what Oman, as a financial center, has lacked at scale as it pursues its central ambition: to elevate the Muscat Stock Exchange (MSX) from frontier to emerging market status, attracting index-tracking capital, credibility, and prestige.
The sultanate has spent five years working toward that goal. The Oman Investment Authority, its sovereign wealth fund, took ownership of the MSX in 2021 and began injecting liquidity and floating state assets, including units of the energy group OQ. Market capitalization has nearly doubled to about $98 billion in an economy of roughly $117 billion.
Even so, the bourse is a sliver of the region’s dominant exchange, Saudi Arabia’s $2.7 trillion Tadawul. A unified regulator, the Financial Services Authority, created in 2024, has since introduced listing incentives, a junior market for smaller companies, and cross-border arrangements to give foreign investors a way in. Oman plans to privatize as many as 35 state firms by next year, further increasing the total float.
As its Gulf rivals absorb the fallout from the Iran war, Oman’s long-cultivated neutrality, its port of Duqm, and its free-trade agreement with the U.S. have positioned it as a relative haven. Whether it will harden into a genuine regional financial hub is less certain; Oman is a latecomer to a field led by Dubai and Abu Dhabi, and liquidity on the MSX remains thin, with heavy state ownership and slim free floats.
The agreement between State Street and Jadwa is, for now, only a memorandum of understanding, with no concrete mandate and no assets yet committed. But the signal is clear. When a custodian of State Street’s heft attaches its name to Oman, it redraws the Gulf’s financial map at the edges. Muscat has decided it would rather build the back office than keep renting someone else’s.
Kim Iskyan is a contributing writer based in the U.S.
Oman’s proposal is based on the Strait of Malacca in East Asia, a model whereby ships that use the strait provide voluntary fees.
Published On 28 Jul 202628 Jul 2026
Iran and Oman have exchanged proposals regarding the future management of the Strait of Hormuz, as points of contention continue to exist between the two nations whose territorial waters border the strategic waterway.
Oman presented a proposal to Iran for a joint regional mechanism to manage the Strait of Hormuz with “voluntary fees”, Reuters reported on Tuesday. Under the Omani proposal, which reportedly has regional backing, Iran would not exercise sole control of the strait, an unnamed Gulf source and Western diplomat told the news agency.
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Oman’s proposal is reportedly based on the Strait of Malacca, which connects the Indian and Pacific Oceans. There, Indonesia, Malaysia and Singapore ask ships that use the strait to voluntarily contribute to fund navigation, environmental protection, and search-and-rescue operations.
This proposal aims to contribute to ending the global disruption to trade caused by the strait’s closure in the US-Israeli war on Iran. Tehran, however, says the strait cannot go back to its pre-war status where shipping flowed freely,
In comments to Iranian state media on Tuesday, Kazem Gharibabadi, the country’s deputy foreign minister for legal and international affairs, said Tehran rejects an Omani proposal for an equal division of transit routes between the two countries, as such a plan does not address Tehran’s security concerns.
Gharibabadi said that Tehran proposed to Oman that Iran would manage shipping through its side of the strait and Muscat would manage part but not all of the opposite lane.
He added that Tehran has “no plans to negotiate with the US”, but affirmed talks are proceeding “step by step” with Oman, warning that Tehran will consider “any action” to maintain control over the strait, including the resumption of war.
“The Omanis are now suggesting three lines for the maritime traffic: one that runs through Iran’s territorial waters, an international one, and one through Omani territorial waters,” said Al Jazeera’s Resul Serdar, reporting from Tehran. “Despite public statements, our sources tell us Iran is demonstrating some flexibility.”
Al Jazeera’s Tohid Asadi, also reporting from Tehran, said there remain many “points of contention” between Oman and Iran on Hormuz. These include the trajectory of the ships, the fees, the question of who will define the arrangements, and mine clearances – which will reportedly be Iran’s responsibility.
Paul Musgrave, a professor at Georgetown University in Qatar, said Oman’s proposal to Iran to get the Strait of Hormuz running again is positive, but it remains to be seen if hardliners in Iran will go for it.
Musgrave noted that under the Strait of Malacca model, voluntary contributions raise about $70m annually, far from the $1m per ship that’s reportedly been proposed by Tehran as a “service fee” in the Strait of Hormuz.
Meanwhile, Gulf Cooperation Council (GCC) foreign ministers met via video call on Tuesday to discuss the latest developments in the conflict, including ways to improve cooperation on issues surrounding freedom and navigation through the waterway, a statement from the Qatari Foreign Ministry said.
The United States suspended a nearly two-week-long campaign of air strikes against Iran over the weekend after pressure from regional mediators to find a diplomatic solution and to return to the memorandum of understanding signed in June, which would allow shipping to resume in the Strait of Hormuz. The strait carried one-fifth of global energy supplies before the February 28 start of the US-Israel war on Iran.
Omani delegation in Iran to discuss managing traffic in the strait, which has become the main focus of the US conflict.
Published On 24 Jul 202624 Jul 2026
A delegation from Oman has arrived in Iran to discuss options for managing shipping traffic in the Strait of Hormuz, as the United States and Iran continue attacks.
The Omani diplomats arrived in Tehran late on Friday for talks with Iranian officials on mechanisms governing navigation through the strait, Iran’s state-run IRNA news agency reported.
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Control over the strait has become the main focus of hostilities between the US and Iran, with the global economy exposed to rising energy prices due to the closure of the strategically important waterway, through which around 20 percent of oil and gas exports were shipped before the outbreak of the conflict.
IRNA said the delegation’s visit was part of ongoing consultations between Iran and Oman. Iran’s Foreign Ministry said that Foreign Minister Abbas Araghchi held a phone call with his Omani counterpart, Badr Albusaidi.
No details regarding the ideas being discussed were released. However, Tehran has maintained throughout the war that it is open to managing the critical waterway in coordination with Oman.
The US and Gulf states have rejected such a setup. However, Oman holds a strategic position at the entrance and exit to the strait and has historically played a mediating role in regional disputes, maintaining diplomatic ties with both Gulf states and Iran.
“Vital waterways, including the Strait of Hormuz, must remain open and accessible for navigation, free from any measures that would impede freedom of navigation and international trade flows,” Albusaidi posted on X.
Meanwhile, the US and Iran exchanged air strikes for the 14th day in a row, despite efforts to rekindle diplomacy aimed at persuading both to implement the Memorandum of Understanding. It achieved a pause in fighting last month but collapsed, largely due to differences over what was agreed regarding freedom of navigation in the strait.
On Friday, Iran’s military claimed further attacks on US bases across the region, which have been the main target for its fire during the hostilities.
Attacks were reported on bases in Kuwait, Bahrain and Jordan, while a drone crash near Iraq’s Erbil International Airport forced the temporary suspension of flights.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said they targeted US tech giant Amazon’s data centre in Bahrain for “providing intelligence support for the American child-killing army”.
The Houthis have also reportedly continued to target Saudi tankers in the Strait of Hormuz, as well as the strategic Bab al-Mandeb Strait. However, a Houthi spokesman denied the group has shut down the waterway.
The US Central Command said it had concluded air strikes on Iran. Iranian media reported four people were injured in blasts in several cities, including Khorramabad, Jask, Ahvaz and Bandar Abbas, as well as Qeshm Island.
Iran’s Health Ministry said at least 55 people have been killed in recent US attacks and nearly 650 injured.
The United States continued to hit Iran for a 12th consecutive night early on Thursday, and Iran retaliated, striking targets across the Gulf, particularly in Kuwait and Jordan.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday that an explosion set a tanker ablaze in the Strait of Hormuz after it attempted to navigate the southern route off the coast of Oman.
Here is a recap of what happened on Wednesday night and Thursday.
Where did the US attack Iran?
US Central Command (CENTCOM) said at 02:30 GMT on Thursday that it concluded the latest round of strikes against Iran.
It targeted Iranian military targets, including maritime capabilities, missile and drone storage facilities, coastal surveillance sites and air defence assets, CENTCOM said, without specifying what areas in Iran were struck.
A local official told the Mehr news agency that US missiles struck the area around a passenger terminal in Shalamcheh, a western city near the Iraqi border. Two people were killed in the attack, the deputy governor of Iran’s Khuzestan province told the state broadcaster IRIB on Thursday. Local media also reported that 11 people were injured.
Al Jazeera’s Tohid Assidi reported from Iranian capital Tehran that overnight strikes targeted at least three cities in the southwestern province of Khuzestan. This included the city of Ramshir, where an asphalt facility was reported to have been targeted.
In Hormozgan province, explosions were heard in the city of Sirik, which overlooks the Strait of Hormuz, Assidi reported.
He added that the governor confirmed an overnight attack in Bushehr on a power substation near the city’s nuclear power plant. This resulted in a few hours of power outage in the city.
IRIB also reported that explosions were heard in Iran’s Jask.
The Tasnim news agency reported that a US missile hit a location on the outskirts of the city of Andimeshk.
Two naval search and rescue vessels were hit and seriously damaged in a US attack on Iran’s Hormozgan, the ISNA news agency reported, citing the province’s Ports and Maritime Administration.
Where did Iran hit back?
Kuwait
The IRGC claimed attacks on US assets in Kuwait on Thursday.
It said it had “attacked and destroyed a large warehouse of military equipment, a Patriot missile defence system, and a hangar of American MQ9 drones” at Ali Al Salem airbase.
Addressing the Kuwaiti people, the IRGC insisted that it was the US, not Iran, that had “violated your territorial integrity and sovereignty”.
It said its attacks were aimed at US bases, territory it described as beyond the control of Kuwait’s own border guards.
“So it is America that has violated your territorial integrity and sovereignty, not us. We are attacking lands occupied by the American army, an army that knows nothing but crime,” the IRGC said.
Jordan
Later on Thursday, the IRGC claimed attacks on US assets in Jordan, saying it had “destroyed a radar of the American THAAD missile defence system with lightning strikes”.
“A Patriot system and a C-RAM radar were also targeted and destroyed, and the fuel tanks of the American base were set on fire,” it said.
The IRGC added that “a large helicopter equipment warehouse and a helicopter repair and maintenance shed were also set on fire and destroyed”.
Addressing the Jordanian people, it insisted that its actions did not violate Jordanian sovereignty, arguing that the US military presence infringes on local authority and that targeting US forces was a legal and necessary response.
What happened in the Strait of Hormuz and the Red Sea?
The IRGC said an explosion set a tanker on fire in the Strait of Hormuz.
In a statement carried by Iranian media, it said two other vessels quickly turned back following the explosion.
The IRGC claimed the three ships were acting under US orders and had “intended to pass through the mine-laid route south of the Strait of Hormuz”.
“The powerful IRGC Navy emphasises that the Strait of Hormuz is under our control and that as long as America’s evil deeds in the region continue, it is completely closed and no oil tanker will enter or exit [the strait],” it warned.
“Any ship that is deceived by America and intends to pass through without coordination with the Islamic Republic of Iran will suffer the same fate.”
The UK Maritime Trade Operations Centre said a ship was targeted 70 nautical miles (130km) off the Saudi coast, causing a fire on board. There was no mention of casualties among the crew.
The Houthis, meanwhile, claimed a major operation against two Saudi oil tankers in the Red Sea, called the Encelia and the Layla. The Saudi SPA news agency confirmed the Encelia was hit.
The Houthis said they targeted those two tankers with cruise and ballistic missiles as well as drones, causing huge balls of fire and devastation.
The Houthis framed the attack as part of a tit-for-tat campaign against Saudi Arabia. They are calling it a “siege-for-siege”. They said it has been 12 years since Saudi Arabia has been imposing a siege on the Yemeni people, and that it is now time for Yemen and the Houthis to respond in kind. Riyadh has rejected Houthi claims that it had besieged Yemen.
Washington vows revenge for US military casualties, while Iran claims attacks on US sites across the region.
Published On 21 Jul 202621 Jul 2026
The United States is carrying out its 10th consecutive night of attacks against Iran, with Iranian media reporting explosions in Sirik, Bandar Abbas, Qeshm Island, and Isfahan.
US Central Command (CENTCOM) announced the operation on Monday evening, claiming that the strikes are “designed to further degrade Iranian military capabilities used to attack commercial shipping in the Strait of Hormuz”.
The Islamic Revolutionary Guard Corps (IRGC) issued a statement claiming to have retaliated by launching ground-to-ground missiles at “US HIMARS missile systems” stationed at Camp Arifjan in Kuwait.
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Two Greek-owned oil tankers in the Strait of Hormuz were struck earlier on Monday, while the United Kingdom Maritime Trade Operations, which monitors attacks on ships, reports that another tanker has been hit off the coast of Oman’s port city of Limah.
Shortly before the night’s bombing began, US President Donald Trump took to social media to warn that Iranian attacks on US military personnel would be paid back “many times over”. On Friday, two US soldiers were killed, and a third was reported missing when an Iranian missile struck a military site in Jordan, while another US service member was killed in northern Iraq.
Trump also reiterated earlier warnings that continued Iranian attacks on commercial vessels in the Strait of Hormuz would be met with a stronger response.
Meanwhile, Yemen’s pro-Iranian Houthis have declared a blockade on Saudi Arabia, escalating tensions and sparking fears that the Yemeni conflict, which had been relatively quiet for four years, may be about to reignite and threaten shipping in the Red Sea.
The United States has attacked Iran for a ninth consecutive night after the US military’s Central Command (CENTCOM) announced a US soldier had died in northern Iraq in a controlled detonation of unexploded ordnance from a downed Iranian drone.
Here is what happened over Sunday night and Monday morning and what officials on both sides have said:
Where was Iran attacked?
CENTCOM announced in a statement on X that it completed the ninth wave of attacks against Iran at 02:00 GMT on Monday.
It said it “targeted Iranian military command centers, air defense and coastal surveillance sites, maritime capabilities, missile and drone launch sites, and communications networks to further diminish Iran’s ability to attack commercial vessels and civilian mariners transiting the Strait of Hormuz”.
The US military did not provide details about the actual sites hit in Iran.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said two oil tankers “exploded” and were halted in the southern Strait of Hormuz late on Sunday, according to a report by the semiofficial Tasnim News Agency on Monday.
The IRGC stated the vessels were trying to transit through the strategic waterway under what it described as US coercion.
“This passage is unsafe for the transport of chemical fertiliser or even a single drop of oil and gas,” the group warned, adding that the corridor would remain unsafe as long as US military operations in the region continue.
An MQ-9 drone was intercepted and shot down over Eslamabad-e Gharb in western Iran’s Kermanshah province, according to the Mehr News Agency on Monday.
Mehr said the drone was targeted by an advanced air defence system operated by the IRGC aerospace force.
Iran’s semiofficial Tasnim News Agency reported on Monday that US strikes targeted an area in the town of Khormoj in southwestern Iran. It quoted a local official.
Where did Iran strike, and where were warnings issued?
Jordan: The IRGC said on Monday that it launched ballistic missiles at US C-17 transport planes and P-8 aircraft at Aqaba airport, claiming several were heavily damaged. In a statement carried by the state-controlled IRIB broadcaster, the IRGC also said 20 hangars housing US forces in the Muwaffaq Salti Air Base in Azraq were destroyed.
Bahrain: The US embassy in Bahrain said it has information suggesting Iran may seek to target unspecified locations in central Manama. It urged Americans to remain vigilant, follow instructions from local authorities and immediately seek shelter if warning sirens sound or explosions are heard.
US soldier in Iraq: A US service member was killed in northern Iraq on Saturday during the controlled detonation of unexploded ordnance from an Iranian drone, CENTCOM said.
What happened in the Strait of Hormuz?
The United Kingdom Maritime Trade Operations (UKMTO) agency reported late on Sunday that a vessel about 8 nautical miles (15km) northwest of Kumzar, Oman, had caught fire.
It is unclear whether this happened due to an attack by Iran. The UKMTO said the cause of the fire had not been verified and advised vessels in the area to transit with caution and report any suspicious activity while authorities investigate.
What have Iranian and American leaders said?
US President Donald Trump said on Sunday that the US is hitting Iran to honour American service members who have been killed.
“We hit them very hard again tonight, and we did that in honour of the, probably three, it’s probably three great patriots,” Trump told reporters as he returned to Washington, DC, after the World Cup final in New Jersey. At least two US soldiers were killed in Jordan last week after Iranian missiles struck a US base there, and the third soldier Trump referred to was killed in Iraq during the detonation of the Iranian drone.
“We feel very badly,” he said when asked about the military fatalities, adding that those who died were fighting so “Iran cannot have a nuclear weapon.”
Iranian Foreign Minister Abbas Araghchi said in an interview with state media that Tehran would end the war with the US when it had “the upper hand in the field”, local news reported on Monday.
Talking with the IRNA news agency, Araghchi said the most critical decision in crisis management was identifying the precise moment to halt hostilities and begin negotiations.
“The end of the war is possible either through absolute military victory or through negotiations. The right time to negotiate is precisely when you have achieved a reliable field and strategic achievement on the military front,” Araghchi said.
“You cannot take risks with the lives of the people and the fate of the entire country. Decisions must be made based on accurate and complete calculations,” Araghchi said.
The US blockade on Iran was first imposed in mid-April and remained for over nine weeks. It was only lifted after the two sides signed a Memorandum of Understanding (MoU) in June to end four months of fighting and reopen the Strait of Hormuz.
Iran immediately began exporting tens of millions of barrels of crude oil, much of it stored on supertankers anchored close to its oil terminals. However, after the recent resurgence in military strikes over control of the Strait of Hormuz, Washington rescinded oil and banking waivers issued as part of the MoU and prevented vessels linked to Iran from returning to port to load more Iranian oil.
Since the MoU effectively fell apart due to recent strikes, US Central Command (CENTCOM) has redirected several ships operating in the Strait of Hormuz. It also launched a strike to disable the Curacao-flagged supertanker Belma, which had allegedly been transporting Iranian crude during the war.
Iran has also been accused of striking ships in the waterway, leading to the US bombing Iranian coastal areas.
Iranian authorities have acknowledged the previous blockade drastically reduced Iranian crude exports. Iran’s parliament speaker and chief negotiator, Mohammad Bagher Ghalibaf, said in a TV interview at the end of June that “we did not export even one barrel” during the blockade.
Energy analyst Hamidreza Shokouhi told Al Jazeera that the new US siege means that at least 1.5 million barrels per day of Iranian oil exports will be taken off the market. That has contributed to pushing oil prices up to around $90 per barrel and sustained conflict could cause further increases.
“That means more pressure on global strategic reserves, which have already been tapped during the war and are facing unprecedented pressure,” he said.
Shokouhi noted that Iran responded to the siege by trying to ensure that no other regional country could export their oil via the strait, piling pressure on the US and its allies.
“When the US acts this way, Iran also moves in the direction of not prioritising the economy and using the leverage at its disposal,” Shokouhi said.
A broadening conflict
Seven nights of tit-for-tat strikes between the US and Iran have quickly escalated and intensified as the week progressed.
The attacks left a trail of destruction in both Iran and countries across the region, with Kuwait and Bahrain heavily targeted by Iranian missiles and drones in recent days.
The US military has also heavily targeted provinces across Iran, particularly areas in the south closer to the strait.
Civilian infrastructure – including bridges and tunnels, ports and dock facilities, power stations and water plants – have been systematically hit, along with military sites. Some have speculated that could be in preparation for a ground invasion of Iranian coastal regions.
The Aq Tekeh railway bridge in the northern Iranian province of Golestan was among the first targets to be struck by US forces last week after the fighting re-erupted.
Iranian authorities said damage to the bridge was quickly repaired, but the strike signalled US willingness to attack potential import-export routes to exacerbate the impact of the naval blockade.
Aq Tekeh is on the Gorgan-Incheh Borun line, which connects Iran to the east, including Turkmenistan, Russia and China. It is where food and other essentials are imported from Central Asia and Iranian goods are exported, such as iron ore and polyethylene.
Rising inflation
The previous US naval blockade had also significantly impacted goods and markets in Iran, making everyday life for over 90 million people more difficult.
Although there were no widespread shortages of staples, Iran’s inflation rate – already one of the world’s highest – surged. The price of some basic foodstuffs, such as eggs, chicken and cooking oil, has more than tripled compared to a year ago.
Price increases have also damaged other sectors of the Iranian economy and industries.
Iranian shoppers in the Tajrish bazaar in Tehran, 25 April 2026 [Abedin Taherkenareh/EPA]
“Our sales are very inconsistent. The market is struggling to find prices, there’s too much instability and uncertainty about the future,” said Borzou, a merchant dealing in industrial motors and equipment at Tehran’s Grand Bazaar.
“It looks like most distributors here are still tapping into imported inventories from before, we don’t know what to expect in a few months since many of these goods came through China and the UAE and not all can be imported through inland routes,” he told Al Jazeera.
Rial hits all-time low
There has also been intense pressure on the Iranian rial from the renewed military escalation and reimposition of the naval blockade.
The rial changed hands for over 1.93 million against the US dollar in Tehran’s open market on Saturday, the first day of the Iranian week, registering a new all-time low.
The Tehran Stock Exchange continued its downward trend over the past week, with its main index losing another 120,000 points or 2.4 percent on Saturday to stand at 4.77 million.
Iran’s armed forces have warned they will retaliate against any US strikes on Iran’s civilian infrastructure by attacking similar targets in regional countries hosting US military bases.
“Let’s not forget that the US and Israel started attacks against infrastructure, when they hit South Pars gas fields, Tehran’s oil depots and the petrochemicals in Mahshahr,” said energy analyst Shokouhi.
Utilising help from the Houthi group in Yemen, Tehran could also cause significant disruptions to shipping in the strategically important Bab al-Mandab strait off Yemen’s coast – if US President Donald Trump realises his threat to hit more civilian infrastructure in Iran such as power plants and bridges.
“Trump’s actions over recent months, and particularly over recent days, have only made the situation more intractable and the outlook more uncertain. The current situation cannot continue for much longer, but it is broadening the scope of the conflict and that is concerning,” Shokouhi said.
US marines from the 11th Marine Expeditionary Unit have released video showing them boarding M/T Wen Yao in the Gulf of Oman as part of the naval blockade against Iran.
Tehran launched strikes against several countries across the Gulf and wider region overnight as the United States military raised its attacks on Iran.
Reports on Friday morning said that Bahrain, Iraq, Kuwait, Oman and Qatar, as well as Jordan and Syria, had been forced to take defensive action against Iranian missiles and drones, amid a sixth night of US strikes on Iran.
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The escalating US air campaign targeted civilian infrastructure in the south of the country, including telecommunications networks, railway systems, and the Bandar-e Khamir bridge in Hormozgan province, where local media reported on Thursday night that at least seven people were killed.
Tehran has justified its strikes against Gulf and other states by saying it is targeting US facilities in the region, insisting that Washington has used its bases there as launchpads to strike Iran.
In Qatar, which hosts major US military facilities, the security threat level was elevated as loud explosions were heard across parts of the capital, Doha, early on Friday morning.
Warning sirens sounded as residents received security alerts on their mobile phones. Qatar’s security threat level was raised again after the initial alert, but the situation later returned to “normal” after the threats were cleared.
The Qatari Ministry of Interior confirmed on Friday morning that a child who was injured by falling shrapnel during the assault is now receiving medical care. Earlier, Qatar rejected Israeli reports that it was planning to join military action against Iran.
Iran’s army said it targeted US helicopters and reconnaissance aircraft at the Sakhir airbase in Bahrain, according to a report from the country’s semi-official Tasnim news agency.
The Islamic Revolutionary Guard Corps (IRGC) claimed early on Friday to have successfully targeted US monitoring assets in Oman.
In a statement, the military said it destroyed a US air control radar in the northern Ghanim region and a maritime surveillance radar positioned on rocks in the Strait of Hormuz.
The IRGC declared that the critical shipping waterway – which has become the key issue in the latest outburst of conflict between the US and Iran – “remains in the hands of the IRGC Navy’s admirals”.
The IRGC also reported that it hit a US military base in Kuwait early on Friday. It said that the attack targeted a missile defence radar, several key weapons depots and two HIMARS surface-to-surface missile launchers.
In northern Iraq, Kurdish counterterrorism forces reported that US coalition forces shot down eight explosive drones over the city of Erbil, according to the Iraqi News Agency (INA). No casualties were reported.
The Jordanian army announced its air defence systems shot down three Iranian missiles transiting its airspace on Friday morning. No casualties were reported as engineering teams dealt with falling debris.
The IRGC also claimed to have attacked a US special operations command centre at the al-Tanf military base in Syria, according to a Tasnim news agency report.
Call to return to ‘hard-won’ deal
As hostilities between the US and Iran continue to escalate, threatening to spread across the region and curb the global economy, efforts to convince Washington and Tehran to return to negotiations are accelerating.
China’s Foreign Minister Wang Yi and Pakistani counterpart Ishaq Dar called on Friday for an immediate ceasefire and the resumption of dialogue, hoping to save the tentative ceasefire agreed upon last month.
Both countries have sought to mediate in the months-long conflict, which rekindled with renewed fighting over the Strait of Hormuz a month after the signing of a preliminary deal aiming to end the war.
That agreement was “hard-won”, Wang said, adding: “Peace is before our eyes, [we] cannot fall at the last hurdle and even more so cannot lose what we have gained.”
Iran has said 38 people have been killed, and more than 400 injured, in the US attacks since the two sides met in Switzerland on June 22 for talks to end the war through a 60-day negotiation period, the AFP news agency reported.
Iran’s Islamic Revolutionary Guard Corps (IRGC) has targeted US military facilities in Bahrain, claimed it has destroyed radar systems in Oman and hit Jordan and Kuwait in its latest round of overnight retaliatory strikes against the United States.
Tehran’s attacks on Monday came as a response to Washington’s escalating strikes as prospects of peace between the two countries recede.
Here is a recap of the latest attacks:
Where were the latest Iran attacks?
Oman: The IRGC said it attacked Oman as part of its latest phase of retaliation. It said it targeted “the FPS long-range aerial radar and the vessel detection radar in Oman”, adding that these radar systems were destroyed.
Bahrain: The IRGC also said it launched missile and drone attacks targeting “installations and infrastructure of the aggressive US army” in Juffair, Bahrain.
Bahrain’s Ministry of Interior said on Monday that sirens had been sounded in the country as it warned people to remain calm and head to the nearest safe place.
The IRGC earlier said it targeted several facilities at the Sheikh Isa Air Base in Bahrain.
Jordan: Jordan’s military said on Monday that it intercepted and downed “four missiles that entered Jordanian airspace” and came from Iranian territory.
Earlier, the IRGC said it targeted Jordan’s Prince Hassan Air Base with missiles and drones and set fire to several fuel depots and ammunition storage facilities.
Kuwait: The IRGC said on Monday that it also targeted a US surface-to-surface missile base in Kuwait, “setting fire to two HIMARS missile launchers and missile-packed warehouses, completely destroying them”.
HIMARS stands for high mobility artillery rocket systems, which are mobile rocket launchers manufactured by the US.
Earlier, the General Staff of Kuwait’s Army said air defence systems were engaging “hostile aerial targets” inside the country’s airspace.
It said any explosions heard were the result of air defence systems intercepting the attacks and urged the public to follow safety and security instructions.
Where was Iran hit?
The US military’s Central Command (CENTCOM) earlier said it hit “dozens of targets at multiple locations with precision munitions to degrade Iran’s ability to continue attacking international shipping flowing through the Strait of Hormuz”.
These targets included “Iranian military air-defense systems, coastal radar sites, missile and drone capabilities, and small boats”, it said.
CENTCOM said it deployed “US fighter aircraft, naval vessels, one-way attack aerial drones, and one-way attack sea drones for the first time”.
Valiollah Hayati, the deputy governor for security and law enforcement in western Iran’s Khuzestan province, told the semiofficial ISNA news agency on Monday that US forces attacked at least eight locations across Khuzestan overnight.
Hayati also said one person was killed and four were injured when a projectile hit an agricultural water-pumping station in Mahshahr, according to the IRNA news agency.
Iran’s Tasnim News Agency reported on Monday that a US-manufactured LUCAS (low-cost uncrewed combat attack system) suicide drone was “accurately hit and shot down” in Bandar Abbas, a city on the Strait of Hormuz.
What has each side said?
The Iranian Ministry of Foreign Affairs released a statement on Monday condemning the US strikes on targets in Iran.
US President Donald Trump insisted that the Strait of Hormuz was open during an appearance on the NBC TV network’s Meet the Press programme on Sunday.
“They’re very, very evil and sick people. We had meetings with them. They agreed to a deal yesterday, a perfect deal for us. No nuclear, no this, no that, no nothing. They gave up everything. And then after that, they left the room. And then within an hour, they launched a drone at a ship,” Trump said.
When did the conflict reignite?
On July 6, the IRGC struck three commercial vessels, including a Qatari liquefied natural gas tanker, off Oman. Iran accused the ships of trying to pass through the Strait of Hormuz without its permission. Tehran’s interpretation of a key clause in the June memorandum of understanding (MoU) with the US gives it the authority to manage traffic through the waterway.
The following day, the US said it carried out strikes on Iranian military targets. Tehran in turn responded with missile and drone attacks on military bases across the Gulf where US forces are deployed.
On Wednesday, Trump told reporters the MoU was over, and on Saturday, the IRGC said the Strait of Hormuz was closed yet again.
How has this impacted the Strait of Hormuz and shipping?
The number of vessels transiting the Strait of Hormuz has fallen to its lowest level in five weeks, according to shipping data.
Six ships sailed through the strait on Sunday, according to data from the trade intelligence firm Kpler, including the Humanity and the Capetan Andreas, transporting 2 million barrels of Iranian oil and 500,000 barrels of Kuwaiti petroleum products, respectively.
Three empty tankers also entered the Gulf to load oil, according to the data.
Iran has mounted attacks on Gulf states and declared the Strait of Hormuz closed after the United States conducted its third round of strikes in a week, in a serious escalation as the ongoing conflict spirals.
Tehran on Sunday claimed attacks on Bahrain, Kuwait, Jordan, Qatar and Oman, calling them its response to renewed US bombings on cities along its southern coast.
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The widescale US strikes came after Iran shut the Strait of Hormuz — a critical waterway and one of the biggest flashpoints in the conflict — accusing Washington of violating a memorandum of understanding (MoU) signed between the two sides last month.
So, where is the conflict headed? Here is everything we know.
Why has Iran attacked Gulf states and closed Hormuz?
Iran launched missile and drone attacks targeting US military bases and facilities in several Gulf states, while the US Central Command (CENTCOM) carried out a third round of strikes targeting radar, missile, and drone sites across southern Iran last week.
The US attacks came after Iran opened fire on commercial vessels in the Strait of Hormuz and announced the closure of the strategic waterway until further notice, with one crew member missing, according to CENTCOM.
Iran’s powerful parliament speaker and key peace negotiator, Mohammad Bagher Ghalibaf, said on Sunday, “The era of one-sided deals is over.”
“We told you: keep your word or pay the price. Reality is knocking,” Ghalibaf posted on X with an image of Article 5 of the MoU, which relates to the reopening of the Strait of Hormuz.
On Wednesday, US President Donald Trump announced that the ceasefire with Iran was over. His statement was followed by Iran’s Supreme Leader Mojtaba Khamenei pledging to avenge his father’s killing.
How did we reach here?
The fragile MoU reached between the US and Iran had several glaring gaps, keeping the door to escalation ajar.
The tensions spilled over into the Strait of Hormuz again last Monday, when Iran’s Islamic Revolutionary Guard Corps (IRGC) struck three commercial vessels, including a Qatari liquefied natural gas (LNG) tanker off the coast of Oman.
The next day, the US carried out strikes on Iranian military targets, and Tehran responded with missile and drone attacks on US bases across the Gulf, prompting Trump to call off the ceasefire.
The tit-for-tat attacks continued. On Saturday night, the IRGC announced the closure of the Strait of Hormuz until further notice after attacking a container ship using what it called an unapproved route. On Sunday, a second vessel on the strait was hit.
Where did the latest US strikes hit?
CENTCOM said its third round of strikes on Iran last week was “holding Iranian forces accountable” for their recent attack on a Cyprus-flagged ship in the Strait of Hormuz.
It said it hit about 140 military targets that “included Iranian missile and drone sites, naval capabilities, ammunition storage facilities, communication networks, and coastal surveillance locations”.
It added that more than 300 targets were struck over the course of three nights throughout the week “to degrade Iran’s ability to attack civilian mariners and commercial vessels freely transiting the strait”.
Iran’s state broadcaster IRIB said the US launched air attacks on the outskirts of the city of Veysian, in the western Lorestan province, while another strike hit a military base in Iran’s Khondab.
Officials from Bushehr, on Iran’s southern coast, told local media that US forces attacked five cities in the province, including Asaluyeh, Dir, Bushehr, Dashti and Tangestan.
Tehran has said the loss of lives and the extent of damage are under review.
Where did Iran hit back overnight?
Since the start of the ongoing conflict in late February, Tehran has accused the Gulf Cooperation Council (GCC) countries of actively supporting US military operations by hosting its bases and allowing it to use their airspace.
Oman
The IRGC claimed a “heavy and surprise” attack on logistics support centres and refuelling platforms used by US aircraft carriers at the port of Duqm in Oman, according to IRIB.
The IRGC’s public relations office told IRIB the sites were “destroyed” in the attack.
Qatar
The IRGC said it also targeted Qatar’s Al Udeid airbase with ballistic missiles and claimed to have destroyed a fighter plane maintenance centre, as well as a command-and-control centre at the base.
Qatar’s Ministry of Defence said it intercepted incoming Iranian fire. Three people, including a child, were wounded as a result of falling shrapnel from the interception of Iranian attacks, Qatar’s Ministry of Interior said.
Kuwait
Iran’s army said it used explosive drones to target a Patriot air defence system, an ammunition depot and a radar site belonging to the US military in Kuwait.
Bahrain
In another wave of drone attacks, Tehran targeted a US communications system and radar site in Bahrain.
Jordan
The IRGC said it targeted US military facilities at Prince Hassan airbase in Jordan with several ballistic missiles, and claimed to have destroyed a command-and-control centre at the base, as well as hangars housing MQ-9 drones.
What’s happening in the Strait of Hormuz?
Iran has closed down the strait after firing a warning shot that struck a vessel travelling on an unapproved route, and said on Sunday it had disabled a second vessel.
The strait will remain closed until “the end of US interference in this region”, the IRGC said.
Iranian officials told state media the US military has been trying to create an “illegal route” through the Strait of Hormuz, causing insecurity in the area.
The narrow-yet-vital waterway — touted as the artery of global trade, hosting 20 percent of energy flow — has been at the centre of tensions between the US and Iran since the preliminary deal was signed.
Tehran has consistently insisted that only routes approved by Iran shall be taken up during transit through the strait. It says it is open to managing the strait only with Oman, the other coastal country.
The US and the GCC countries have rejected Iran’s claim on the strait and demanded that navigation be freed of interference or any sort of fees.
On Saturday, Iranian Foreign Minister Abbas Araghchi landed in Oman, where the leaders discussed the shipping and management of the Strait of Hormuz, the Ministry of Foreign Affairs said.
Tankers and cargo vessels in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea, June 16, 2026 [AP Photo]
How have Gulf countries reacted?
Some countries had sirens blaring on Sunday afternoon, with governments asking residents to stay indoors.
Oman condemned Iran’s attacks and said it is taking “all necessary measures to deal with the developments to preserve the safety of the country and its residents”.
In Qatar, the Interior Ministry said the country’s security threat level is high and urged everyone to remain in safe places and avoid unnecessary movement.
The Kuwaiti army said its forces were responding to “hostile aerial targets” in the country’s airspace, adding that the sounds of explosions are the result of its defence systems intercepting the attacks.
Bahrain’s Interior Ministry said air raid sirens were activated, urging residents to remain calm.
Regional mediators are stepping up efforts to prevent further escalation between Iran and the US. Qatar held talks in Tehran, while Oman is proposing a plan to manage shipping through the Strait of Hormuz. Al Jazeera’s Resul Serdar explains.
Iran’s TV claims the tanker ignored warnings, but no direct responsibility for the attack has been declared.
Published On 7 Jul 20267 Jul 2026
A tanker travelling off the coast of Oman in the Strait of Hormuz has caught fire after being struck by a projectile, according to the United Kingdom’s military.
The attack early on Tuesday was the latest targeting a vessel moving through the Gulf’s critical waterway, through which a fifth of the world’s oil and natural gas passed before the US-Israel war on Iran began in late February.
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Iranian television said the liquefied natural gas tanker came under attack after ignoring warnings, but Tehran did not directly claim the assault.
Tehran has repeatedly declared that only its approved route through the Strait of Hormuz is safe, and it is suspected of attacking other ships that have used another route close to the Omani shore.
The UK Maritime Trade Operations (UKMTO) centre said the tanker had been hit near Limah, Oman, in the strait. The projectile hit the port side of the vessel while it was trying to travel south out of the strait towards the Gulf of Oman, the UKMTO said.
Talks between Iran and the United States on a permanent end to the war appear to be on hold until after the burial of Iran’s former Supreme Leader Ayatollah Ali Khamenei, who was killed at the beginning of the US-Israel war on Iran on February 28.
Authorities flew Khamenei’s body to the Shia seminary city of Qom overnight, where mourners honoured him on Tuesday.
Maritime monitoring service TankerTrackers.com said on Thursday that a ship which Iranian media reported had run aground in the Strait of Hormuz has in fact been stuck in the same spot since March and is part of an operation managed by the notorious Iranian oil magnate Mohammad Hossein Shamkhani.
Here is what we know about Shamkhani, whom the US and EU allege is a central figure in Iranian and Russian shadow fleet operations, generating billions of dollars of oil revenues for both, and what happened to his ship in the Hormuz strait.
What do we know about the stranded ship?
On Thursday, TankerTrackers.com reported that the ship that Iranian media said had run aground in the Strait of Hormuz after using a “US-suggested route” has actually been stuck in the same spot since March.
It identified the vessel as the Arista, and reported that while it is Comoros-flagged, it is in fact part of an operation managed by the sanctioned Iranian oil magnate Shamkhani.
Who is Mohammad Hossein Shamkhani and what are the allegations against him?
Shamkhani is an Iranian oil shipping magnate who has multiple Western sanctions imposed on him. He is the son of the late Ali Shamkhani, a senior political adviser to Iran’s former Supreme Leader Ayatollah Ali Khamenei.
Ali Shamkhani led the Supreme National Security Council (SNSC) for a decade until 2023, making him the second-longest-serving security chief since 1979 after former President Hassan Rouhani, who was SNSC secretary for nearly 16 years.
He was reportedly killed in the first Israeli-US strikes on Tehran on February 28 , which triggered the war with Iran and also killed Khamenei, whose funeral begins tomorrow.
In March, the Sarajevo-based Organised Crime and Corruption Reporting Project (OCCRP) reported that following an investigation, Mohammad Hossein Shamkhani and his brother had used aliases and Caribbean “golden passports” to amass a $29m million property portfolio in Dubai.
The US Treasury, which has sanctioned the Shamkhani shipping empire, says it is part of a massive Iranian and Russian oil smuggling ring and that the Comoros‑flagged Arista aground in Hormuz is part of that network.
How does Shamkhani’s oil shipping operation work?
According to the US Treasury, the Shamkhani network makes use of “front” companies to buy Iranian and Russian oil for which it falsifies shipping documents. It switches the oil between vessels frequently via its shipping operations and sells the oil on to buyers who pay for it via their own front companies to obscure the flow of money.
Additional profits are funnelled through hedge funds and other money-laundering operations, the US Treasury alleges.
It said Shamkhani relies on a mix of crude oil, oil product and liquefied petroleum gas (LPG) tankers to generate billions of dollars for the Iranian and Russian regimes.
According to the European Commission, Shamkhani “uses the company Milavous Group Ltd to blend crude oil with various petroleum products from Russia and to rebrand for exporting purposes, thereby concealing their origin”.
Shamkhani is not known to have responded publicly to these allegations.
What sanctions have been imposed on Shamkhani?
Shamkhani was first sanctioned by the US last July, amid a large number of Iran-related sanctions. In April, the US Treasury Department announced additional sanctions on Shamkhani’s network.
“Treasury is moving aggressively with Economic Fury by targeting regime elites like the Shamkhani family that attempt to profit at the expense of the Iranian people,” Treasury Secretary Scott Bessent said.
A statement from the US Treasury added that Shamkhani “heads a multi-billion dollar Iranian and Russian petroleum sales empire that enriches a family connected to the highest echelons of the Iranian regime at the expense of the Iranian people”.
The European Union sanctions tracker website says Shamkhani is also subject to EU sanctions, describing him as “a businessperson active in the Russian oil trade and a central player in Russia’s so-called ‘shadow fleet’.”
Russia’s shadow fleet is a network of hundreds of ageing, poorly regulated oil tankers that Russia uses to export crude and fuel while evading Western sanctions imposed after its invasion of Ukraine in 2022.
An August last year, the UK government also announced sanctions against Shamkhani including an asset freeze, director disqualification and travel ban. Minister for the Middle East Hamish Falconer said: “The UK is announcing sanctions against those who operate on behalf of Iran, fuelling its attempts to undermine stability in the Middle East and global security.
“Iran’s reliance on revenues from trading networks and connected organisations enables it to carry out its destabilising activities, including supporting proxies and partners across the region and facilitating state threats on UK soil.”
The United Nations’ International Maritime Organization (IMO) has suspended plans to evacuate more than 11,000 sailors stranded in the Strait of Hormuz after a cargo ship transiting the waterway was struck by a projectile.
IMO Secretary-General Arsenio Dominguez said several crews had already been evacuated, but the agency had decided to pause the operation until there were “necessary safety guarantees” for those involved.
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The United Kingdom Maritime Trade Operations (UKMTO), a Royal Navy maritime security agency, said on Thursday that a cargo vessel had been struck by “an unknown projectile” about 7.5 nautical miles (14km) southeast of Dahit, Oman. No casualties were reported.
The incident comes despite a memorandum of understanding (MoU) signed by the United States and Iran last week that ended hostilities and included provisions aimed at reopening the strategic waterway. Iran had restricted passage through the strait in early March after the US and Israel attacked it on February 28. In April, the US imposed a naval blockade on Iran-linked vessels trying to pass through the waterway.
Since the MoU was signed, commercial traffic has restarted through the strait, but key disagreements remain over which shipping routes vessels should use — and whether Iran gets to charge a toll or fee.
Oman and the IMO have proposed a new shipping corridor that would partially bypass waters under Iran’s direct control. Tehran has rejected the plan, saying it was announced without consultation and raises safety concerns while demining operations are still under way. While Iran has not claimed responsibility for Thursday’s attack on the ship off Oman, it has not denied any role, either.
The latest attack has heightened concerns that tensions over navigation through the strait remain unresolved. Here’s what we know.
Why is the UN evacuating sailors?
Following the outbreak of the US-Israel war on Iran on February 28, Tehran and Washington imposed counter restrictions on the passage of ships through the Strait of Hormuz, leaving thousands of seafarers unable to leave vessels trapped in the waterway.
More than a dozen sailors have also been killed in attacks on ships — some from American missiles, others from Iranian projectiles. Most of those killed were from India.
Even with last week’s agreement between Washington and Tehran to end the conflict, more than 11,000 sailors remain stranded in the strait.
Announcing the evacuation plan on Tuesday, the IMO’s Dominguez said the operation would be conducted in “close cooperation with Iran, Oman, all other coastal states in the region, the United States and the maritime industry”.
Oman’s Ministry of Defence said the operation, which had been under discussion for months, would be carried out in phases.
Denmark also announced on Tuesday that it would join a multinational maritime mission led by France and Britain to help restore safe navigation through the strait.
Why was the ship attacked?
The Singapore-flagged cargo vessel Ever Lovely was struck by what authorities described as an “unknown projectile” while transiting the Strait of Hormuz on Thursday.
Ship-tracking data from MarineTraffic showed the vessel had been following the southern shipping route proposed by the IMO earlier that day, a corridor that passes closer to Oman’s coastline and has been rejected by Iran.
Singapore’s Maritime and Port Authority (MPA) said the vessel had since completed its transit through the strait and was continuing its voyage, adding that all 21 crew members were safe.
The authority said it was “deeply concerned” by an attack it described as “unprovoked, unjustifiable, and a breach of international law”.
“All actions affecting international shipping must fully comply with international law, in particular the United Nations Convention on the Law of the Sea, and not endanger the safety of seafarers and ships at sea,” the MPA said.
The incident prompted the IMO to suspend its planned evacuation of stranded sailors. Dominguez said the Ever Lovely “did not transit under IMO’s evacuation framework”.
“I have always reiterated that the safety of the seafarers remains paramount. Therefore, to ensure a coordinated approach and navigational safety, the evacuation plan will be paused until further clarity is obtained,” he said.
What has Iran said?
While it remains unclear if the attack was carried out by Iran, the country’s Islamic Revolutionary Guard Corps had criticised the new shipping corridor announced by Oman and the IMO, while also warning that passage through the strait, “is only possible via routes announced by Iran,” the state broadcaster IRIB reported.
Kazem Gharibabadi, Iran’s deputy foreign minister, has said safe passage through the Strait of Hormuz cannot be guaranteed for vessels transiting “with ambiguous arrangements, parallel routes, or decision-making outside of Iran’s considerations as the coastal state”.
“Any credible framework must be based on coordination with Iran and the provisions of paragraph five of the Islamabad Memorandum of Understanding,” he said in a statement on X. “Otherwise, the outcome will be the suspension of the designated parallel route.”
Iran first published its own map of approved navigation routes in April, directing ships to sail much closer to the Iranian coastline than before the conflict.
The IRGC’s latest warning came after a Liberian-flagged oil tanker transited the strait on Thursday using a route closer to Oman’s coast.
On Friday, a further three foreign oil tankers that attempted to cross the Strait of Hormuz “without authorisation” were turned back after a warning from the IRGC, Iranian state TV reported.
Analysts say control over the Strait of Hormuz has long been one of Tehran’s most important sources of strategic leverage, allowing it to exert pressure on the US, whose economy is inextricably tied to global markets.
Why was the evacuation suspended?
Reporting from Tehran, Al Jazeera’s Resul Serdar Atas said the attack appeared to show Iran was prepared to enforce its warnings over navigation through the Strait of Hormuz, after Tehran insisted vessels using either the Iranian or Omani route must coordinate with its authorities.
“Yesterday, Oman announced new routes for the passage of the ships. But then the IRGC released a statement, saying that whether the ships go through the Iranian or Omani territorial waters, they need to be in full coordination with Iranian authorities,” Atas said.
“And if they violate that, then Iran is going to act accordingly. So the question was whether Iran is going to really act or not?
“The answer is yes. Now, we have seen that a tanker has been attacked by some projectiles in the Strait of Hormuz. The Revolutionary Guards did not claim responsibility but did not deny it either.”
Atas added that Gharibabadi, Iran’s deputy foreign minister, had also warned that any shipping arrangements made without taking Iran’s position as a coastal state into account would be unacceptable.
“Perhaps, in the coming days and weeks, we are going to see that the Strait of Hormuz will be one of the main sticking points.”
What other disputes remain?
Under last week’s memorandum of understanding, Iran agreed it would “make arrangements using its best efforts for the safe passage of commercial vessels with no charge, for 60 days only, from the Persian Gulf to the Sea of Oman and vice versa”.
Although the agreement says commercial traffic should resume immediately, it also acknowledges that mines laid during the conflict must first be cleared, stating that “demining by the Islamic Republic of Iran will be instated within 30 days”.
It also provides for discussions between Iran, Oman and other Gulf states over future arrangements for managing navigation through the waterway.
However, the agreement does not specify what will happen after the initial 60-day period.
Last week, Tehran announced it would waive any transit fees during those 60 days while negotiations with the United States continue in Switzerland, raising the possibility that charges could be introduced if no broader agreement is reached.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, has also suggested Tehran does not intend to return to the pre-war status quo.
“Hormuz will never return” to how it operated before the conflict, he said. The proposal has also faced resistance from the United States and several Gulf states.
Are ships still moving through the strait?
Commercial shipping has gradually resumed, although traffic remains well below normal levels. Before the conflict, between 120 and 140 vessels typically passed through the Strait of Hormuz each day.
According to maritime analytics firm Kpler, 54 verified commercial and energy-related vessels transited the strait on Thursday, down from 70 verified crossings the previous day.
“West-to-East movements dominated, while the Omani Route accounted for the largest share of identified passages. Yet route transparency remains incomplete, with several Dark or Unknown crossings recorded.
“A reported projectile strike on a cargo vessel southeast of Dahit, Oman, adds fresh operational risk, underscoring the gap between improving physical flows and still-fragile maritime security conditions,” Kpler added.
Brent crude rises after cargo ship comes under attack in key waterway.
Published On 26 Jun 202626 Jun 2026
Oil prices have jumped after the United Nations maritime agency called off its planned evacuation of ships stranded around the Strait of Hormuz following an attack on a cargo vessel in the waterway.
Brent crude, the international benchmark, rose as much as 4 percent on Thursday after the International Maritime Organization paused its evacuation plan amid renewed violence in the strait.
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Brent futures for August delivery stood at $74.89 per barrel as of 02:00 GMT, after earlier dropping below $72.48, their closing price the day before the United States and Israel launched their war on Iran.
After dropping sharply following the US and Iran’s signing of a memorandum of understanding on ending the war last week, the price of Brent currently stands at about 3 percent above its pre-war level.
Asian markets opened lower on Friday, with key indices in Japan, South Korea, Hong Kong and Taiwan seeing steep losses.
Tokyo’s Nikkei 225 and Seoul’s Kospi both fell more than 3 percent in morning trading, while the Taiex dropped about 1 percent.
In Hong Kong, the Hang Seng Index was down about 1 percent.
The latest attack in the strait, through which about one-fifth of global oil and liquified natural gas supplies transit in peacetime, dealt a blow to hopes for a return to normal shipping in the region after a recent resurgence in traffic.
On Wednesday, 70 vessels transited the waterway, a more than twofold increase from the previous day and the highest daily figure since March 1, according to ship tracking platforms MarineTraffic and Kpler.
The United Kingdom Maritime Trade Operations (UKMTO) centre said on Thursday that a cargo vessel reported being struck by an “unknown projectile” on its starboard side while attempting to cross the strait near the Omani coast.
Multiple media outlets, including The New York Times, CBS News and the Reuters news agency, cited unnamed US officials as saying the attack had been carried out by Iran.
Iran’s Persian Gulf Strait Authority, which claims the right to regulate shipping in the strait, said after the attack that any vessel attempting to use routes outside its designated “framework” would not be guaranteed safe passage.
“The consequences arising from passage through unauthorized routes shall be the responsibility of the owner, operator, and vessel commander,” the authority said on X.
June Goh, a senior oil market analyst at Sparta in Singapore, said the attack was a reminder to markets of the fragility of peace in the strait amid the tenuous US-Iran ceasefire.
“There is a pressing need for tankers to enter and offload the high crude stocks from onshore tanks in order for normal production to resume again,” Goh told Al Jazeera.
“Thus, security of the passageway is paramount to recover the lost supply.”
Six countries – Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain and Oman – form the Gulf Cooperation Council (GCC), which was created in 1981 following fears of the perceived expansionist ambitions of the new Iranian government.
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Since the 1979 Islamic revolution, Israel has attempted to isolate Iran and its wide network of regional proxy groups. But in a twist of irony, Israeli aggression in this pursuit has pushed some Gulf states closer to Tehran.
When Israel and the US launched strikes on Iran on February 28 – and Tehran responded by attacking Gulf states – they were again forced to reassess their relationship with their neighbour.
Gulf relations with Iran, at present, appear more shaped by realism than reconciliation, but this approach could help them navigate the uncertain road ahead.
“The ongoing conflict … compelled the Gulf states to pursue a more pragmatic relationship with Tehran, one that will include enhanced dialogue to deter conflict,” Farah al-Qawasmi, a researcher at the Gulf Studies Center at Qatar University, told Al Jazeera.
Embracing de-escalation – not Iran
All six GCC member states have welcomed a memorandum of understanding (MoU) signed by Iran and the US last week. But this is shaped more by the Gulf states wanting the war to end rather than a newfound trust of Iran.
“An agreement between the two parties is being [highly] advocated by the Gulf states in [an] attempt to prevent and contain regional conflicts,” al-Qawasmi said.
Shortly after the US and Iran agreed in 2015 to the Joint Comprehensive Plan of Action (JCPOA) – putting guardrails on Tehran’s nuclear programme – Gulf states remained sceptical about their neighbour.
The current war has only heightened these suspicions, but it has also seen regional states seek diplomacy with Tehran rather than military confrontation, despite Iran directly attacking Gulf cities.
“The Gulf states still feel like diplomacy is better than using force to get a deal … to change Iran’s behaviour and to insulate them from Iran’s destabilising actions,” Rob Geist Pinfold, a lecturer on security studies at King’s College London, told Al Jazeera.
Pinfold points out that Iran closed the Strait of Hormuz via drones and missiles, not nuclear weapons, making dealing with that threat a priority for Gulf states rather than Tehran’s nuclear programme.
Gulf states will want a more comprehensive agreement between Iran and the US, rather than the nuclear-focused JCPOA, said Pinfold.
“If you talk to people in Gulf capitals, they will tell you that the nuclear programme is a tomorrow problem for them,” he said.
“The today problem is Iran’s use of drones and proxies to destabilise and undermine the sovereignty of Gulf states, but also states throughout the region.”
US Secretary of State Marco Rubio’s three-day tour of the Gulf, which ends Thursday, is seen as a way of allaying these fears and assuring the GCC that Tehran will not be strengthened by the agreement.
US Vice President JD Vance, left, looks on as Pakistan’s Prime Minister Shehbaz Sharif, centre, speaks and gestures towards Qatar’s Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, right, at the start of a quadrilateral meeting between the US, Iran, Pakistan and Qatar [File: Nathan Howard/Pool via Getty Images]
Seat at the table
Mehran Haghirian, the director of research and programmes at the Bourse & Bazaar Foundation, believes Gulf states are in a better position to guide the outcome of the current US-Iran talks than in 2015.
“They are at the heart of the negotiations,” Haghirian said regarding the Gulf states’ role in the current talks.
In its role as a co-mediator, Qatar is essentially representing the GCC and their interests during the talks, while articles five and six of the Iran-US MoU place Gulf states at the centre of the agreement.
Among the biggest concerns for the GCC are the future of the Strait of Hormuz, with Tehran demanding tolls on shipping, and calls for the creation of a regional investment fund for Iran.
“There really cannot be any new Hormuz authority by Iran that would not include other GCC countries,” Haghirian told Al Jazeera.
US Vice President JD Vance claimed last week that the investment fund would be financed by the Gulf coalition, but Rubio said this week that regional allies would not be asked to contribute to any reconstruction fund for Iran.
Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani has described the reported $300bn figure as “aspirational” in an interview with the Financial Times, while no Gulf state has yet said if it will contribute to the fund.
‘Maximum pressure era’
The analysts stress that the GCC is not a monolith – with Gulf states having contrasting and changing approaches towards Iran.
Oman, Qatar and Kuwait were broadly supportive of the JCPOA. Saudi Arabia, the UAE and Bahrain were more sceptical, but even these states publicly backed the agreement, said Haghirian.
When Trump pulled the US out of the JCPOA in 2018, Saudi Arabia, the UAE and Bahrain believed they had “found a partner in DC”.
That led to a “maximum pressure era” that brought a period of brinkmanship in the region, said Haghirian.
Suspected Iran-linked attacks on Saudi Arabia’s Abqaiq-Khurais oil facilities and vessels off the coast of Fujairah in 2019 were “the initial reaction by the Iranians to that maximum pressure” campaign, he added, but paradoxically, this also triggered a recalibration of relations.
“That was enough of a reason for Saudi Arabia [and] the UAE, particularly, to basically restructure their approach towards Iran,” Haghirian said.
The war and accelerated pragmatic rapprochement
While Israel has used war to attempt to increase its presence in the Gulf region – reportedly sending an Iron Dome battery to the UAE – other Gulf states view both Iran and Israel as unsettling forces in the region.
“Israel started the war, which was a destabilising act, and then Iran escalated by targeting the Gulf states, which was in turn a destabilising act,” Pinfold said.
Despite this, the Gulf states targeted by Iran still demonstrated patience and pragmatism in dealing with their neighbour.
Qatar, for example, has played a leading role in mediating between the US and Iran, even after being on the receiving end of Iranian drone and missile attacks.
“All six got attacked, and that’s really a level of foreign policy decision-making that is very difficult for any state to be able to really undertake, considering the fact that it was a military attack,” Haghirian said.
“But again, this pragmatism came out within this context to engage Iran and to actually speak for themselves at these negotiations. This war has really initiated a complete rebalancing of the entire region.”
Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned commercial vessels to only use routes through the Strait of Hormuz approved by Tehran, reopening a point of friction in fragile negotiations between the United States and Iran over the future of the strategic waterway.
The warning came after Oman announced a new shipping transit route through the strait on Wednesday, saying it had coordinated the route with the International Maritime Organization (IMO) as maritime traffic slowly resumes following weeks of disruption.
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The dispute remains one of the unresolved issues after a memorandum of understanding (MoU) was signed by the United States and Iran last week, which largely halted hostilities in the four-month US-Israel war on Iran and which launched a 60-day negotiation process aimed at reaching a broader peace agreement.
The MoU, which includes the reopening of the strait, followed months of severe disruption to shipping after Iran effectively closed it, and the US imposed a corresponding naval blockade on Iranian ports.
Both Washington and Tehran have declared the strait open to commercial shipping, but questions remain over whether Iran will seek greater control over vessel movements, whether it will impose transit or service fees on ships using the strait following the 60-day negotiating period, and whether disagreements over the waterway could derail efforts to reach a permanent agreement altogether.
Why is the Strait of Hormuz so important?
The Strait of Hormuz is one of the world’s most strategically significant waterways, with around one-fifth of global oil and liquefied natural gas (LNG) supplies normally being shipped through the narrow passage linking the Gulf to the Arabian Sea.
Bordered by Iran to the north and Oman and the United Arab Emirates (UAE) to the south, the strait is only about 50km (31 miles) wide at its entrance and exit, narrowing to about 33km (21 miles) at its tightest point. Despite its width, it is deep enough to accommodate the world’s largest oil tankers.
According to the US Energy Information Administration, about 20 million barrels of oil and petroleum products transited the strait each day in 2025, representing hundreds of billions of dollars in annual energy trade.
The route is used not only by Iran but also by Iraq, Kuwait, Qatar, Saudi Arabia and the UAE. It is also vital for global fertiliser exports, with roughly one-third of international fertiliser trade normally passing through the strait.
Because disruptions to shipping there rapidly push up global energy prices and destabilise US markets, control of the waterway has become one of Iran’s strongest sources of strategic leverage in its conflict with the US.
(Al Jazeera)
Why is Iran objecting to Oman’s new route?
The IRGC says Oman and the IMO announced the new shipping corridor without consulting Tehran. “Certain authorities have announced a new shipping route through the Strait of Hormuz without prior notification to or coordination with the Islamic Republic of Iran. The proposed route is unacceptable and poses serious safety risks,” the force said.
“The only authorised transit routes through the Strait of Hormuz are those designated by the Islamic Republic of Iran,” it said, adding that ships must maintain contact with the IRGC Navy while transiting the waterway.
Iran first issued its own map of acceptable routes through the strait in April, showing that ships should pass much closer to the Iranian coast than they had previously.
(Al Jazeera)
The IRGC’s warning came after a Liberian oil tanker passed through the strait on Thursday using a route much closer to Oman’s coastline.
Al Jazeera’s Resul Serdar, reporting from Tehran, said the IRGC appeared frustrated because the Omani route partially bypasses Iran’s direct control over shipping.
“The control of the Strait of Hormuz has been a huge leverage for Iran to put pressure on its adversaries and the global economy since the beginning of the war,” Serdar said.
Oman defended the corridor route it had announced, saying it was intended to restore safe navigation while complying with international law. Foreign Minister Badr Albusaidi said Oman remained committed to ensuring freedom of navigation through the waterway and stressed that “future arrangements related to the strait do not involve imposing any transit fees”.
What does the US-Iran agreement say about the strait?
In the MoU signed last week, Iran agreed that it would “make arrangements using its best efforts for the safe passage of commercial vessels with no charge, for 60 days only, from the Persian Gulf to the Sea of Oman and vice versa”.
While the agreement states that “the traffic of commercial vessels will immediately start”, it also acknowledges that demining operations will be required before normal shipping routes can fully resume, stating that “demining by the Islamic Republic of Iran will be instated within 30 days”. It also provides for discussions between Iran, Oman and other Gulf states on future arrangements for managing the waterway.
However, the memorandum does not specify what will happen after the initial 60-day period. Ali Vaez, Iran project director at the International Crisis Group, said the temporary rerouting of vessels had always been expected because of the mine-clearing operations outlined in the agreement.
“We always knew that if there was a deal, there would be several weeks of mine-clearing operations in the international shipping lane running through the middle of the Strait of Hormuz,” he said.
“During that period, vessels would have to transit through Iranian and Omani territorial waters instead.”
However, Vaez said the latest announcement by Iran was unexpected. “The important thing now is that the Iranians do not start taking fees or other tolls,” he said, “because that is not provided for in the memorandum of understanding.”
Asked whether the IRGC’s position differed from that of Iran’s government, Vaez said: “There is no distinction between the IRGC and the state. They are effectively one and the same. The IRGC is calling the shots.”
Can Iran charge ships fees?
International law generally protects the right of transit through international straits, including Hormuz, making it difficult for coastal states to impose unilateral transit fees on vessels simply passing through international shipping lanes, even where they are within territorial waters.
Last week, Iran announced it would waive planned fees through the strait for 60 days while talks with the US continue in Switzerland, suggesting charges may be introduced once the negotiating period expires.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, has signalled that Tehran views the post-war arrangement as fundamentally different from the status quo that existed before the conflict.
“Hormuz will never return” to its prewar status, Ghalibaf said.
The suggestion that Iran could charge fees was dismissed by US Secretary of State Marco Rubio this week. Speaking at the start of a regional tour in the United Arab Emirates, he said: “It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway.”
Rubio added that he believed “all the countries in this region would agree”.
Speaking in Manama, Bahrain, after meeting with the Gulf Cooperation Council (GCC) – a bloc comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – on Thursday, Rubio also told reporters: “Iranians are saying one thing, but then something else is actually happening.
“It’s now obvious to us that … the Iranian system is going to produce all sorts of maximalist rhetoric. What we’re interested in is not their press conferences. What we’re interested in is whether or not ships are moving. If ships are moving as they should be moving, then that’s what we’re going to judge.
“If, on the other hand, this rhetoric is backed up by actual ships being threatened and ships are not moving, then that’s a violation of the agreement, and we’re going to have a problem with it.”
Rubio claimed there is no regional support for Iranian transit fees, saying, “There is zero support among Gulf countries for any sort of toll or fees charged for the use of international waters … that isn’t going to happen.”
His comments came after UAE presidential adviser Anwar Gargash said that new “geopolitical facts” could not be imposed on the Arab Gulf states as a result of what he described as the “treacherous aggression against them”.
Are ships returning – and which route are they taking?
Some commercial shipping through the strait has resumed, although traffic remains well below normal levels. Before the conflict, between 120 and 140 vessels typically transited the strait each day.
According to shipping analytics company Kpler, confirmed crossings rose to 70 vessels on Wednesday as demining progressed and more operators began using the Omani route.
“The US-Iran MoU framework and apparent lifting of the US blockade appear to have supported a short-term confidence boost, although IRGC warnings against use of the Omani route could create a new source of contention,” Kpler reported.
The company added that incomplete demining, continued “dark” routing by some vessels – when ships limit or switch off their tracking transponders – and unresolved questions over inspections, sanctions and future governance meant shipping had not yet returned to prewar conditions.
This comes as oil prices drop to the lowest level since before the Iran war, with Brent crude, the global benchmark, falling to a low of $72.24 a barrel on Thursday. This remains above the prewar price of $66, however.
The chart below shows how shipping through the strait before the war compares to its status in recent weeks:
Is a peace deal achievable?
The future administration of the Strait of Hormuz is only one of several issues still to be resolved before negotiators hope to reach a comprehensive agreement within 60 days, with another major sticking point being Iran’s nuclear programme.
International Atomic Energy Agency (IAEA) Director-General Rafael Grossi has said the agreement explicitly provides for international monitoring of Iran’s nuclear activities.
However, Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, has said inspectors’ access to nuclear sites damaged during the conflict will only be considered as part of a final agreement.
Questions also remain over the fate of Iran’s enriched uranium stockpile, the sequencing of sanctions relief and the release of frozen Iranian assets, while regional tensions continue to pose additional risks.
Israeli forces remain deployed in parts of southern Lebanon occupied during the conflict, according to a Lebanese military source, while Israeli strikes have continued, despite the MoU explicitly calling for “a permanent end to the war on all fronts, including Lebanon”.
Vaez said visible progress would be essential if negotiations are to survive, noting, “Both sides have to see progress, whether that’s greater access for UN nuclear inspectors, sanctions relief, or resolving the issue of Iran’s uranium stockpile.”
He cautioned against viewing the interim agreement as a series of smaller deals. “Nothing is agreed until everything is agreed,” Vaez said.
“They [the Iranians] are determined to reach a comprehensive agreement within 60 days. That’s a very ambitious timetable, but there has to be visible momentum or the process risks falling apart.”
However, Vaez said both Washington and Tehran have strong economic incentives to bring about a lasting peace. “The situation in the Strait had become one of mutually assured economic destruction,” he said.
“The United States was facing rising energy and oil prices ahead of the midterm elections … At the same time, Iran was already in a deep economic hole before this conflict began. The war only made that worse.
“It became a lose-lose dynamic, and both sides needed a way out.”
The price of Brent crude has reached its lowest since February 27, before the war started.
Published On 25 Jun 202625 Jun 2026
Oil prices have extended their decline to levels last seen before the start of the Iran war, as expectations of rising supply from the Middle East outweighed demand concerns.
Prompt-month Brent crude futures for August delivery fell $1.06 (1.44 percent) to $72.68 a barrel by 06:39 GMT, while US West Texas Intermediate (WTI) lost 76 cents (1.08 percent) to $69.58 a barrel.
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Both contracts hit their lowest since February 27.
August Brent was trading lower than September, which was priced at $73.59, signalling ample short-term supply.
Brent had fallen by more than $3 on Wednesday as supply concerns eased, while WTI settled down nearly $3.
US Energy Secretary Chris Wright told a forum that flows through the Strait of Hormuz were close to those before the start of the Iran war, with at least 20 million barrels having exited the strait in the past 24 hours.
A return to complete normality would take a few weeks, however, because the strait needs to be cleared of mines, he added.
Rising Middle East supply, together with Iran set to boost sales after a temporary reprieve from US sanctions, drove down prices of physical crude oil cargoes around the world.
New routes
An initial accord last week to end the US-Israeli war with Iran, which began on February 28, has allowed the resumption of traffic through the strait.
The accord set up a 60-day period of negotiations to tackle tougher issues, such as Iran’s nuclear programme.
Wright said oil would continue to flow through the strait even if the deal did not hold, and that Iran would not be able to close it again.
Tehran has said it plans to impose what it calls maritime service fees, as opposed to tolls, while the United States argues it is an international waterway and therefore should not be charged.
Oman opened temporary routes on Wednesday to ease tanker departures from the strait, with the International Maritime Organization and Omani authorities coordinating movements.
On Thursday, Iran’s Revolutionary Guards warned against any crossings of the Strait of Hormuz without authorisation, saying vessels not complying “will be dealt with” and condemning the new routes.
US Secretary of State Marco Rubio has said Iran will not be permitted to charge tolls or fees for vessels transiting the Strait of Hormuz under any final agreement with Washington, exposing one of the biggest points of friction in negotiations aimed at ending months of conflict across the Middle East.
The dispute comes after Iran announced it would waive planned transit fees through the strait that crosses through its territorial waters for 60 days while talks with the United States continue in Switzerland, suggesting charges could be introduced once the negotiating period expires.
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Washington and Tehran signed a preliminary agreement in Switzerland this week to halt hostilities and launched a 60-day diplomatic process focused on sanctions relief, Iran’s nuclear programme and the future administration of the Strait of Hormuz.
Pakistan, which helped mediate the talks alongside Qatar, has said negotiations to end the four-month US-Israel war on Iran are expected to resume early next week, likely on Tuesday.
The future of Hormuz has already emerged as a key sticking point after Iran effectively closed the waterway during the war, severely disrupting maritime traffic through one of the world’s most important energy chokepoints and causing the price of oil to soar.
In peacetime, one-fifth of the world’s oil and natural gas supplies are shipped for export by Gulf producers through the waterway.
In April, the US imposed a corresponding naval blockade on Iranian naval ports in a bid to stem Iranian oil exports.
While a number of ships have crossed through the strait since the US-Iran agreement was signed last week, uncertainty remains over whether Tehran intends to impose permanent fees or service charges on shipping operators using the route. Here’s what we know – and what else is happening in the Strait of Hormuz this week.
(Al Jazeera)
What are the US and Iran saying?
On Friday, Iran’s Persian Gulf Strait Authority (PGSA) said planned fees for ships using the waterway would be suspended during the 60-day negotiation period established under the memorandum of understanding (MoU) signed with the US.
Earlier this week, Iran and Oman said in a joint statement that they would study the future administration of the trade route as well as possible charges for services provided there, while maintaining their sovereignty claims over territorial waters bordering the strait.
Speaking at the start of a regional tour in the United Arab Emirates, Rubio rejected the idea of transit fees. “It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway,” he said, adding that he believed “all the countries in this region would agree”.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, has signalled that Tehran views the post-war arrangement as fundamentally different from the status quo that existed before the conflict, however. Experts also say that Iran will not give up control of the strait, which has proved to be its greatest point of leverage in the conflict with the US.
“Hormuz will never return” to its prewar status, Ghalibaf said, despite both sides agreeing on Monday to establish “communication mechanisms” aimed at keeping the waterway open.
What does international law say?
International law protects the right of transit through strategic waterways such as the Strait of Hormuz, preventing coastal states from imposing explicit tolls simply for passage through international shipping lanes, even when they are passing solely through territorial waters.
However, countries can charge for specific services, including inspections, navigation assistance, security measures and certain insurance-related requirements, insurance experts say.
Examples include fees associated with transit through the Suez Canal and Panama Canal, as well as some services provided in Turkiye’s Bosporus and Dardanelles straits.
Mohammad Reza Farzanegan, an economist at Germany’s Philipps-Universitat Marburg, told Al Jazeera last month that Iran, like Turkiye, could justify a negotiated mechanism for transit fees or service-based contributions through natural straits as payment for maintaining a safe passageway, reducing environmental risks and providing predictability in a waterway that supports global energy, food and technology supply chains.
A key difference, however, is that while those waterways pass through the territory of a single state in each case, the Strait of Hormuz passes through the territorial waters of both Iran and Oman, while also connecting to waters used by the United Arab Emirates and other Gulf states.
“This sort of arrangement is unprecedented, and there would not be such an outcome, unless there is a complete coordination between the GCC [Gulf Cooperation Council] countries and Iran, with the approval of major international powers, such as China and the United States,” Nader Habibi, an Iranian American economist, told Al Jazeera.
How many ships are getting through the strait now?
Ship movements through the Strait of Hormuz remain well below prewar levels, when between 120 and 140 ships transited the passage each day, including tankers carrying about 20 million barrels of oil from the Gulf.
As the strait begins to open up, Oman says it is working with the United Nations’ International Maritime Organization (IMO) on temporary arrangements to facilitate safe transit through the strait, launching an operation to evacuate more than 11,000 sailors stranded in the area after the conflict left hundreds of vessels trapped for months.
Traffic through the strait has also been held back by ongoing concerns about the possible presence of sea mines in the central shipping channels used by international vessels before the war.
The Joint Maritime Information Center (JMIC), which includes representatives from the US and other maritime partners, has warned ships to avoid the area “due to the existence of mines”.
Other countries, including Japan, are currently weighing up whether to send ships to help with efforts to remove mines from the strait.
While Iran has never confirmed the presence of mines in the strait, when it first issued a map of the waterway for vessels it had approved for transit while the conflict was ongoing, it ordered ships to pass close to its coast to avoid possible mines. Ships had previously passed much closer to the coast of Oman.
The graphic below illustrates how much shipping through the strait dropped off as a result of the US-Israel war on Iran.
Could the dispute over strait fees derail a peace deal?
Mostafa Khoshcheshm, a professor at the University of Applied Sciences in Tehran, told Al Jazeera that Iran is unlikely to abandon plans to introduce long-term service fees in the strait.
“According to the MoU, Iran is not going to charge service fees for 60 days, but afterwards, Iran is definitely going to do that,” Khoshcheshm told Al Jazeera.
He said many Iranians were already unhappy that Tehran had agreed to suspend fees for the duration of the negotiating period.
“The money is not the real core of the issue,” he said. “The point here is how to impose your new protocols in the region. This is highly important for the Iranians.”
Cyrus Schayegh, professor of international history and politics at the Geneva Graduate Institute, told Al Jazeera the success of any new administrative arrangement would depend heavily on regional support.
“I think this is a very big question, and the biggest question is whether they will be able to sell it to the Emirates,” Schayegh told Al Jazeera.
“I think the Emirates will need to be involved in a really substantive way for any sort of new authority to actually work.”
More broadly, he said, the future of Hormuz forms part of a wider debate over Gulf security architecture following the war.
“It is only one piece of a much larger puzzle,” Schayegh said, adding that several regional states now accept that Iran has strengthened its deterrence capabilities following the conflict.
What other issues remain unresolved?
Hormuz is far from the only serious obstacle to a peace deal.
Questions also remain over the future of Iran’s nuclear programme, with Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, saying that access for international inspectors to nuclear facilities damaged during the war would only be addressed as part of a final agreement with Washington.
His comments came after US President Donald Trump claimed Iran had agreed to “the highest level” of nuclear inspections.
Iranian officials insist no commitments were made in Switzerland regarding Tehran’s nuclear programme and say they did not meet representatives of the International Atomic Energy Agency (IAEA), including Director-General Rafael Grossi.
Regional security remains another major source of disagreement, with Israeli Defence Minister Israel Katz insisting Israeli forces will not withdraw from southern Lebanon “even if there is an American demand” to do so.
Meanwhile, Ghalibaf has identified the withdrawal of foreign military forces from the Middle East as one of Tehran’s strategic objectives in the negotiations.
The future of Iran’s frozen assets also remains a sticking point, with Trump indicating Washington is reluctant to release large sums of Iranian funds directly, arguing that money could ultimately benefit the Islamic Revolutionary Guard Corps (IRGC).
Instead, he has suggested a mechanism under which some funds would be used to purchase US goods.
“Food is desperately needed in Iran, and we will be purchasing it for them exclusively from the United States,” Trump said. Iran has not confirmed plans to do this.