Iran is preparing to formally present a temporary shipping corridor agreement for the Strait of Hormuz on Monday, following a series of diplomatic engagements, including a notable meeting between senior representatives from Tehran and Abu Dhabi.

According to a source with knowledge of the discussions, the Islamic Republic intends to disclose to Gulf states its arrangement with Oman establishing a temporary shipping route.

Officials indicated that negotiations on specifics, including potential transit fees for vessels, would continue between the two nations at a later date, with the sources requesting anonymity due to the sensitive nature of the deliberations.

Discussations between Tehran and Muscat regarding the strategically vital waterway — a critical chokepoint for global energy shipments — have advanced over recent weeks. Oman had sought to convene a gathering of Gulf Cooperation Council foreign ministers on Monday in the southern city of Salalah.

Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed al-Nahyan held a rare public meeting with Iranian President Masoud Pezeshkian on the sidelines of the BRICS summit in India, marking a significant diplomatic engagement between the two powers.

Tehran has clarified that any agreement would not amount to a full reopening of the strait, with Iran retaining sole authority to determine which vessels may transit. Iranian Foreign Minister Abbas Araghchi characterized the proposed meeting as an “important event” and a meaningful step toward fostering mutual trust, in remarks to Al Araby al-Jadid newspaper.

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