Iranian sources say Tehran has not agreed to reopen the Strait of Hormuz, contradicting President Donald Trump's claim that a deal was forming after he called off a planned U.S. attack. An Iranian military source says the strait stays shut as long as U.S. hostility continues, while an outlet tied to Iran's security apparatus warns of retaliatory strikes across the Gulf. Brent crude has climbed 24% in July as the standoff keeps shipping away from the corridor.
Iranian sources familiar with the matter said Sunday that Tehran has not agreed to any deal to reopen the Strait of Hormuz, contradicting a claim by President Donald Trump that an agreement was taking shape. The sources, cited by Iran's Fars news agency, called reports of a deal false and said Iranian policy on the waterway remains unchanged.
An Iranian military source added that the strait will stay closed as long as the United States continues what it called hostile actions and acts of aggression. The comments follow Trump's Saturday-evening announcement that he had canceled a planned U.S. attack on Iran after Tehran and other Middle Eastern countries asked Washington to hold off, citing agreement on the framework of a potential deal.
Trump says the deal would reopen the strait
Writing on Truth Social, Trump said the proposed agreement would include the immediate and complete reopening of the Strait of Hormuz and an end to what he described as Iran's nuclear threat. He added that Israel had joined the commitment but warned the U.S. remained prepared to act if talks failed, describing American forces as “locked and loaded” for an attack on Iran.
Trump's announcement followed reports that he had ordered fresh strikes for the weekend, with U.S. officials weighing Iranian refineries and power plants among potential targets. Iran had warned earlier in the weekend that new U.S. attacks would draw a decisive response, a message Foreign Minister Abbas Araqchi delivered in calls with officials from Turkey, Pakistan and Saudi Arabia.
Threats of retaliation spread across the Gulf
Nournews, an outlet affiliated with Iran's top security body, said attacks on Iranian energy facilities could trigger strikes on oil fields in Saudi Arabia and the United Arab Emirates, along with gas facilities in Qatar and Israel. Kuwait said its air defenses destroyed Iranian drones targeting vital facilities; falling debris caused property damage but no casualties.
Two maritime incidents were reported off Oman on Saturday: one tanker sustained engine-room damage after being struck by an unidentified projectile, while another vessel reported a nearby explosion.
Brent crude climbs as shipping avoids the strait
Brent crude futures climbed 24% in July amid disruptions from the war, which began with U.S. and Israeli strikes on Iran on February 28.
Most commercial shipping has avoided the strait, a major route for global oil and natural gas exports, since the war began on February 28.
Source: Investing.com
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