“Iran's Revolutionary Guards said in a statement on Monday that the only way to restore
regular shipping traffic through the strait was to end U.S. military interventions in the waterway, and warned that "continued interference could lead to greater incidents in the global oil and gas sector."
Foreign Ministry spokesperson Esmaeil Baghaei said Iran was seeking to establish a joint mechanism with Oman to manage traffic through the strait, adding that U.S. pressure on Oman had hindered discussions.
Iran has sought to establish a permanent fee and permit system for vessels using the waterway, which before the war carried about a fifth of global oil and liquefied natural gas shipments.
The U.S., which
revoked a licence waiving sanctions on Iranian crude sales last week after earlier attacks on shipping, said its forces were positioned to safeguard freedom of navigation.
"Iran does not control the strait. Traffic is flowing," it said.”
President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open after the two sides exchanged more missile and drone attacks.
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