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  • 7 weeks ago
Iran intends to maintain control over the Strait of Hormuz, although it says the vital waterway remains open to shipping without charge.
Transcript
00:00Iran says it intends to maintain control over the Strait of Hormuz as negotiations continue with the US.
00:06Its ambassador to the UN in Geneva said the vital waterway remains open to shipping without charge,
00:12but warned whatever happens after the 60-day period will depend on the outcome of talks with Washington.
00:19Technical negotiations following high-level talks in Switzerland have now concluded.
00:24Both sides agreed to establish working groups on nuclear issues and sanctions.
00:29Tehran and Washington have also agreed to set up a direct communication channel
00:33aimed at preventing incidents and ensuring the safe passage of commercial vessels through the Strait.
00:40As part of the agreement, the US will release US$12 billion in frozen Iranian funds
00:45and temporarily suspend sanctions on Iranian oil.
00:50The Strait reopened last week after both sides reached a preliminary agreement,
00:55but Tehran announced a new closure on Saturday following Israeli strikes in Lebanon.
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