Strait of Hormuz remains focal point amid US-Iran talks

Indirect talks between the United States and Iran recently concluded in Doha, focusing heavily on the strategic Strait of Hormuz and the unfreezing of Iranian assets. While mediators noted "positive progress," no major breakthrough was reported, with further discussions expected after the funeral of Iran's Supreme Leader Ali Khamenei, which is scheduled for early July.

A key point of contention remains Iran's desire for international recognition of its control over the Strait and its stated intention to impose shipping tolls starting mid-August, following a temporary toll-free period. The US and many Gulf Arab nations firmly oppose such tolls, asserting the Strait's status as an international waterway open for free navigation.

Amid these diplomatic efforts, Iran's military has issued warnings that vessels must adhere to its approved routes through the Strait or face a "forceful response," and cautioned against any US interference. Although maritime traffic is gradually returning after a recent conflict, shipping volumes are still below pre-war levels, partly due to lingering security concerns, including potential naval mines.