Iran denies any direct talks with U.S. on reopening Strait of Hormuz

Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the U.S. to end the war with Iran and open the Strait of Hormuz, despite Washington’s assertions that a deal is near.

A brief hiatus in fighting between the U.S. and Iran after a June 17 memorandum of understanding has been followed by weeks of Iranian drone and missile attacks on shipping in the strait and neighboring Gulf countries, as well as counterstrikes by the U.S. on Iranian targets.

Araghchi said Sunday that his country is not engaging in talks with the U.S., but added that “messages are being exchanged through intermediaries,” according to news agency Mehr. Araghchi also reportedly said that if Iran strikes a deal with Oman to secure a trade route through the strait, the U.S. still must meet Tehran’s conditions to reopen the strait.

“Talks with Oman do not mean the Strait of Hormuz will be reopened. An agreement may be reached, but reopening the strait depends on other conditions conveyed through intermediaries,” Araghchi was quoted as saying.

Oman has been a key interlocutor, especially on the thorny issue of the strait, a crucial gateway for about a fifth of the world’s energy supplies.

Iran’s foreign minister said a day earlier that Tehran and Oman, which border the waterway, were close to reaching an agreement on navigation, “specifically the determination of a transit route.”

U.S. President Donald Trump said in a Sunday interview with Axios that Washington is “low keying it” in negotiations with Iran.

“We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money,” the president said. “It will work out. It always works out. It’s like a chess game.”

U.S. Treasury Secretary Scott Bessent told CNBC on Tuesday that an agreement to open Hormuz with freedom of movement could come as soon as Wednesday. President Donald Trump and Secretary of State Marco Rubio had also indicated that an agreement was imminent.

On Saturday, Iran laid out sweeping demands to the U.S. for reopening the Strait of Hormuz, according to media reports.

The Secretary of Iran’s Supreme National Security Council, Mohammad Bagher Zolghadr, said reopening the strait would require Washington to lift its naval blockade and sanctions, withdraw U.S. military forces from the region, pay war reparations, and release frozen Iranian assets.

The council also called for an end to U.S. attacks on Iran’s regional allies and to threats against Iran, according to the reports.

CNBC has not independently verified the demands. The White House did not respond to a request for comment.

According to the interim deal signed in June between the U.S and Iran, a schedule to end sanctions and a compensation plan…