In a statement on August 5, the spokesperson for the Iranian Foreign Ministry announced that Iran and Oman have reached a consensus on the geographic route for navigation in the Strait of Hormuz. The joint statement between Tehran and Muscat is currently in its final drafting stage, according to the same official. He further stressed that the Iran-Oman agreement by itself does not mean that passage through the Strait of Hormuz is safe. The spokesperson also noted that there are no current plans for the foreign minister or the speaker of parliament to visit Pakistan or Qatar. In commodity market data from Bitget, US crude oil and Brent crude oil both continued their recent declines, with the latest quotes standing at $73.85 per barrel and $77.98 per barrel respectively. Meanwhile, spot gold ticked up to $4,250 per ounce, representing a gain of 4.24% on the day. The original Chinese-language report was first posted on BlockBeats on August 5 at 15:08 UTC.
According to BlockBeats, Iran's Foreign Ministry spokesperson said on August 5 that Iran and Oman have reached agreement on the geographic course of the shipping route in the Strait of Hormuz. A joint statement is now in the final drafting stage, and the agreement itself does not guarantee safe passage through the strait, the official added.
The spokesperson also said that the foreign minister or parliament speaker has no current plans for visits to Pakistan or Qatar.
In commodity markets, data from Bitget showed US crude and Brent crude continuing to slide, with the latest prices at $73.85 and $77.98 per barrel respectively. Spot gold rose to $4,250 per ounce, up 4.24% on the day.
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