Oil prices fall heavily after indications and statements that possible US agreement – Iran to open it again Strait of Hormuz can be achieved by tomorrow, Wednesday.
Although at the beginning of the meeting the price of oil was rising, starting at 15:30 Greek time and after Bessend statements, the price of Brent oil (October contract) arrived at 10 p.m. to retreat to 79,58 dollars a barrel (fall 4.19%).
At the same time, American slow (WTI) retreated to 75,89 dollars a barrel with even greater percentage deescalation (4.45%).
Until tomorrow
The statements that caused the de-escalation came from US Finance Minister Scott Bessend, who appeared It is hoped that within the two-day (today Tuesday and tomorrow Wednesday) an agreement could be reached with Iran opening Strait of Hormuz, and in similar findings went on later and the American State Secretary, Marco Rubio.
«We are in talks with the Iranians and I think there is a chance that we will reach an agreement today or tomorrow to open the Strait and move towards a smoother situation in this conflict», said Bessend in an interview with CNBC.
Asked whether the agreement would allow Iran to impose transit charges, US Finance Minister replied that the agreement provide for free navigation. «There will be freedom of passage»He said. «Although the situation remains somewhat uncertain in recent days, we have already seen several ships passing through the Strait».
On the Tehran side, a high-ranking Iranian source told Reuters that Iran He wants control of incoming ships in the Strait of Hormuz. and «visibility» the outgoing movement, with the possibility of intervention if necessary, on the basis of the provisional plan discussed with Oman.
The source, involved in the talks, said she was «the general idea currently under discussion» and clarified that the outgoing corridor will follow a route between Iran and Oman, with the exit permit given through Oman after Iran has been informed.
«Tehran is unlikely to change its position», added the source.
Heavy price
Earlier, New York Times report, said, citing Iranian and American officials with knowledge of the matter, that Iran and Oman are approaching an agreement on the Straits of Hormuz, which will allow the reopening of the sea artery.
If the agreement is finally finalised and entered into force, it may have a heavy price, the NYT notes: recognising Tehran's control in its Straits Ormuz and a sea artery from which, before the war, ships could pass freely.
The agreement allegedly provides that ships entering the Persian Gulf will pass through the strait following a route near the coast of Iran, controlled by the Islamic Republic.
On the other hand, ships leaving the Gulf will follow a route near the coast of Oman.
Fees
At the same time, Iranian officials report to NYT, ships will be required to pay «service charges», with the proceeds shared equally between Iran and Oman.
The report does not specify who is negotiating the agreement, whether the United States is involved in the talks, or whether Washington agrees with the project.
«A lot happens in the background»
Additional Qatar announced today that ombudsmen are making progress in efforts to end the confrontation between the US and Iran. Specifically Qatar's foreign ministry spokesman, Majed al-Ansari, said diplomatic contacts have reached «very advanced stage» and that the mediators - including Qatar, Pakistan and Oman - coordinated closely to facilitate negotiations and the exchange of draft proposals between Washington and Tehran.
In addition, a senior Pakistan security official said: «A lot happens backstage... We're talking to both sides. Our only goal right now is to persuade both parties to at least agree to start talks.».
Late on Tuesday night of Iran and Oman's Akumachus said that make progress towards reaching an agreement on the reopening of the Straits of Hormuz
Reuters, New York
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