Iran Claims U.S. Ready to Honor Commitments Amid Signals of Near Deal from Trump

08/05/2026, 06:36 PM announcement

Iran's Deputy Foreign Minister Kazem Gharibadadi clarified that despite President Trump's assertions of ongoing peace talks, Iran is not engaged in negotiations with the U.S. He referenced a memorandum of understanding from June 17, which allowed commercial vessels to transit the Strait of Hormuz without charge for 60 days, in exchange for the U.S. lifting its naval blockade on Iranian ships.

Gharibadadi emphasized that any understanding is being developed between Iran and Oman, not the U.S. Meanwhile, U.S. Treasury Secretary Scott Bessent indicated that a deal to reopen the Strait of Hormuz could be announced soon, with reports suggesting that the U.S., Iran, and Oman are nearing an interim agreement. The U.S.

Central Command reassured that the southern route through the Strait remains open for commercial vessels. However, reports of explosions near tankers off Yemen and Oman raise concerns about the security of this vital shipping lane, which is crucial for global oil transport

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