India-UAE Sign Major Energy Pact As UAE To Store 30 Million Barrels In India’s Strategic Oil Reserve

Iran on Monday said it is closely working with Oman, a U.S. ally, to develop a new mechanism governing transit through the Strait of Hormuz amid escalating regional tensions and growing pressure from the United States and Israel. Iranian Foreign Ministry spokesman Esmaeil Baghaei described the strategic waterway as a vital global maritime corridor and stressed that Tehran remains committed to ensuring safe and secure navigation through the strait. However, Iran also defended its recent security measures as a legitimate response to what it calls acts of aggression and violations of international law. The remarks come after Tehran tightened controls in the Strait of Hormuz following renewed US pressure and a blockade targeting Iranian vessels and ports. Iranian and Omani officials have reportedly held ongoing consultations, including expert-level talks in Muscat, to coordinate future transit arrangements.