According to ME News, on July 26 (UTC+8), Iranian Foreign Ministry Spokesperson Nasser Kanaani stated that, from July 24 to 25, Iran and Oman held multiple rounds of deputy foreign minister-level talks in Tehran. Based on respect for the sovereign rights of Iran and Oman as coastal states, both sides engaged in in-depth exchanges on common principles and specific operational mechanisms to ensure the safe passage of vessels through the Strait of Hormuz. Kanaani noted that the talks were productive and achieved certain progress. The Omani delegation departed Tehran on the afternoon of July 25, but both sides will continue consultations at technical and political levels. Additionally, Kanaani stated that the current situation regarding vessel transit through the Strait of Hormuz has not changed. (Source: ODAILY)
Iran and Oman Hold Talks on Hormuz Strait Navigation
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Summary
On-chain data indicates rising interest in cross-border crypto transactions as Iran and Oman held deputy foreign minister-level talks in Tehran from July 24 to 25. The discussions centered on ensuring safe passage through the Hormuz Strait, based on the sovereignty rights of both nations. Iran’s Foreign Ministry Spokesperson Baghaei stated the talks were productive and achieved some progress. The Omani delegation departed on July 25, but technical and political consultations will continue. Baghaei added that the current navigation status of the Hormuz Strait remains unchanged. On-chain analysis suggests regional stability continues to be a key factor influencing market sentiment.
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