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Iran MP calls for full disclosure US MoU financial details

Jul 2, 2026, 22:30 GMT+1

Iranian lawmaker Malek Shariati said on Thursday that transparency “works miracles,” urging authorities to publish full details of an Iran-US memorandum of understanding, including the amount of frozen Iranian assets to be released, the bank accounts and countries holding the funds, and the mechanisms for their transfer and use.

“Completely and in full detail, publish the method of releasing the Iranian people's assets and how they will be spent, in line with the progress of the work at all stages, and bring peace of mind to the public,” Shariati posted on X.

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IRGC deploys special forces to track ships on Oman-side Hormuz route

Jul 2, 2026, 22:18 GMT+1
IRGC deploys special forces to track ships on Oman-side Hormuz route
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File photo shows IRGC Navy special forces in Iran's southern waters

The Islamic Revolutionary Guard Corps (IRGC) has deployed special forces along Iran’s Persian Gulf coast to identify in advance vessels using the Oman-side route through the Strait of Hormuz, sources familiar with the matter told Iran International.

The IRGC operatives are also seeking access, through Omani sources, to the schedules and coordination details of ships passing through the southern route of the Strait of Hormuz, the sources said.

The special forces deployed by the IRGC are equipped with various intelligence-gathering systems, including land-based observation posts, naval equipment and aerial systems, and have recently been tasked with identifying in advance any vessel intending to pass through the southern route and issuing warnings about it, the sources said.

The sources also say that IRGC operatives are extensively gathering information from Omani sources and agents to learn ahead of time about the coordination and schedules of ship movements through the southern route and receive related alerts.

The IRGC has said the only authorized routes through the Strait of Hormuz are those designated by the Islamic Republic. It has warned international vessels not to use the southern corridor, which passes through waters near Oman’s coast and has been recommended by Oman and the International Maritime Organization.

The deployment of the IRGC monitoring and identification network, and its attempt to access shipping information through Omani sources, comes as Washington and Tehran agreed on Sunday after several rounds of exchanges of fire, to a temporary one-week de-escalation in the Strait of Hormuz.

Talks between the two sides are expected to continue in Doha based on a new proposal put forward by Oman.

Sources say the Islamic Republic, while sitting at the negotiating table, is strengthening its identification and warning chain for vessels that do not use Tehran-approved routes — a route at the center of the current dispute between Tehran and Washington.

The attack on a Singapore-flagged vessel

The pattern of last week’s IRGC attack on a commercial vessel in the southern route is consistent with the new mission assigned to these forces.

IRGC forces on Thursday, June 25, targeted a Singapore-flagged cargo ship in the Strait of Hormuz near Oman’s coast. According to the United Kingdom Maritime Trade Operations, the attack damaged the vessel’s bridge but caused no casualties. It came only hours after the IRGC Navy warned against using unauthorized routes.

US warplanes on Friday, June 26, struck Iranian missile and drone depots as well as coastal radar sites. The IRGC Navy responded by attacking US positions in the region and, citing Clause 5 of the Islamabad memorandum of understanding, said arrangements for controlling traffic through the Strait of Hormuz were under the authority of the Islamic Republic.

Three rival routes in one waterway

According to reports, three different routes have now emerged for passage through the Strait of Hormuz: the southern route near Omani waters, the middle route used before the war, and the northern route under Iranian control.

Ships that choose non-Iranian routes risk being targeted, while those that pass through the Iranian route fear exposure to Western sanctions if the agreement collapses.

An analyst at the shipping intelligence firm Kpler told CNN that if the disputes are not resolved by mid-August, use of all three routes will become more chaotic and insecure.

Because of naval mines in the traditional traffic separation scheme designated by the International Maritime Organization in 1968, the middle route remains effectively closed, although Tehran has committed under the war-ending memorandum to clear the mines within 30 days.

Ship traffic is now moving through two routes: one near Oman’s coast and one near Iran’s coast. The Iranian Navy has also warned vessels to pass only south of Larak Island.

The dispute over Hormuz management

The IRGC’s attempt to access shipping information through Omani sources is especially significant because Muscat is both the coastal state for the southern route and the mediator and architect of the framework for the ongoing talks.

Mohammad Bagher Ghalibaf, the head of the Islamic Republic’s negotiating team, said in Oman on June 23 that management of the Strait of Hormuz would not return to the pre-war situation. He said Tehran, in talks with China and Egypt, had raised the idea of charging vessels a “service fee” modeled on the Dardanelles waterway.

But Omani Foreign Minister Badr al-Busaidi told Marco Rubio on June 25 that any possible mechanism for managing the Strait of Hormuz would not include tolls.

Officials of the Islamic Republic say Iran and Oman have joint sovereignty over the Strait and that after the 60-day deadline set in the memorandum expires, they will begin joint management and toll collection. The United States, however, regards the Strait of Hormuz as an international waterway and says any new mechanism there would require the approval of Persian Gulf countries.

Kazem Gharibabadi, Iran’s deputy foreign minister, has also previously said the safe passage of ships through the Strait of Hormuz cannot be guaranteed without coordination with Iran, warning that if such coordination does not take place, designated routes could be suspended.

A waterway far from normal

Two weeks after the signing of the 14-article Islamabad memorandum, which called for an end to the war on all fronts, the reopening of the Strait of Hormuz and the end of the US naval blockade, traffic through the Strait remains only a fraction of pre-war levels.

The number of vessel transits reached about 70 on June 24, the highest level since the start of the war. Before the war, an average of about 130 vessels passed through the waterway each day.

The secretary-general of the International Maritime Organization has said 14 seafarers have been killed since the start of the Strait of Hormuz crisis. The organization also temporarily suspended the evacuation of about 600 ships and 11,000 sailors stranded in the area after the attack on the Singapore-flagged vessel.

Tracking data nevertheless shows that ships are continuing to use the southern route despite Tehran’s warnings. The Joint Maritime Information Center, which operates under US Navy oversight, has also said the route near Oman’s coast is being expanded to allow two-way traffic.

Under these conditions, the IRGC’s deployment of special forces to identify vessels on the southern route in advance, and its efforts to obtain shipping information through Omani sources, show Tehran is preparing to exert control over the same corridor Washington and Muscat are working to expand.

Iranian lawmaker vows to oppose what he calls a 'coup'

Jul 2, 2026, 22:03 GMT+1

Iranian lawmaker Mahmoud Nabavian said in a post on X that in what he described as the “farewell” to the “martyred Imam,” he and others would stand against what he called a “coup.”

Nabavian accused critics of using what he described as “thuggish” tactics, saying such behavior, which he said involved repeated lies, had historical precedent in Iran and was being repeated today.

Satellite imagery shows continued work at Iran's Pickaxe Mountain site

Jul 2, 2026, 21:52 GMT+1

The Institute for Science and International Security said on Thursday late-June satellite imagery indicates construction activity is continuing at Iran's Pickaxe Mountain tunnel complex near Natanz despite a US-Iran memorandum of understanding that it said requires Tehran to maintain the status quo at nuclear-related facilities.

The institute said the imagery showed no significant repair work at Natanz, while Fordow and Esfahan appeared largely unchanged.

Bahrain, US discuss Iran peace talks after UN Security Council session

Jul 2, 2026, 21:39 GMT+1

Bahrain's Foreign Minister Abdullatif bin Rashid Al Zayani met US Ambassador to the United Nations Mike Waltz in New York on Thursday after an emergency UN Security Council meeting requested by Bahrain over what it described as Iran's attacks on the kingdom.

The two discussed efforts to advance US-Iran negotiations toward a comprehensive peace agreement, reopen the Strait of Hormuz to international shipping, and strengthen regional security, according to Bahrain's foreign ministry.

US offers funds as Iran pushes Hormuz tolls - WSJ

Jul 2, 2026, 21:05 GMT+1

The United States and Oman are looking for ways to break Iran’s insistence on charging tolls for ships to pass through the Strait of Hormuz, with Washington offering to unfreeze some of the $100 billion in Iranian funds held overseas, The Wall Street Journal reported, citing people familiar with the talks.

US envoys Steve Witkoff and Jared Kushner traveled to Doha this week to discuss with Qatari mediators how to break the impasse and settle the implementation of last month’s initial agreement to open the strait.

The US diplomats offered Iran a trade-off: relinquish its claim to control the strait and renounce toll payments in exchange for billions of dollars of unfrozen funds, the report said.

Talks had initially been progressing toward the release of $6 billion held in Qatar, but Iran’s decision to block the strait set back the release, the report added.

Negotiators are looking at an alternative proposal from Oman under which maritime services would be paid through a fund financed by voluntary donations, according to the report.