The future of energy exports through the strategic Strait of Hormuz remains uncertain following the collapse of negotiations in Doha between Iran and the United States over the release of frozen funds to the Islamic Republic.

Compounding the deadlock, Tehran has neither initiated demining operations in the strait nor withdrawn threats to attack vessels attempting to exit the Gulf without its authorization. Both parties have so far failed to meet two critical obligations under their June 17 memorandum of understanding (MOU) aimed at de-escalating the U.S.-Israeli campaign launched on February 28.

Without addressing these key issues, discussions on Iran’s nuclear program will not advance, in line with the phased framework outlined in the MOU.

Iran has further cautioned France and the United Kingdom against allowing European naval vessels to enter the Arabian Sea, where a multinational demining task force is assembling, effectively blocking any operation to clear mines unless Tehran alters its approach.

Tehran rejected a June 28 agreement between France and Oman to jointly clear the strait, insisting such operations would “exclusively” be conducted by Iranian forces.

Similarly, a June 24 initiative by the UN’s International Maritime Organisation (IMO) to provide safe passage for vessels exiting the strait was suspended within a day after Iranian attacks forced the halt, leaving approximately 600 ships and their 11,000 crew members stranded.

A frame grab of footage aired on Wednesday by Iranian state television shows a vessel that ran aground in the Strait of Hormuz. Photo: Iranian state television via AP

Source link

Exit mobile version