Iran says agreement with Oman for Strait of Hormuz prohibits U.S. and Israeli vessels

Key Points:

• Iran and Oman have reached an agreement to reopen the Strait of Hormuz, with Iran's parliament revealing details including a ban on American and Israeli vessels and fines of up to 20% of cargo value for violators.
• The deal assigns Iran responsibility for navigation guidance, vessel traffic monitoring, maritime security, and environmental protection in the strait, while toll charges remain under negotiation and conditional on the U.S. lifting its blockade of Iranian ports.
• Other Gulf countries have not officially responded to the draft agreement but have historically opposed Iran's control over the strait, viewing it as a violation of international law, while all express a desire to deescalate tensions and restore free passage due to economic impacts.
• Amid these developments, Houthi rebels launched attacks inside southern Saudi Arabia's Najran Province, injuring 11 civilians and targeting military camps in Yemen, threatening the 2022 truce between the Houthis and Saudi Arabia and escalating regional conflict.