CAIRO/WASHINGTON/RIYADH: Iran said on Saturday that a deal with Oman on control of the Strait of Hormuz was close but would not be enough to free up ​the waterway.

A US official, who declined to be identified, said on Friday that Washington anticipated an agreement soon between Iran and Oman, which sit on either side of the strait, so that normal oil traffic could resume.

Agreement between the two countries over control of the strategic waterway is seen as crucial to a wider agreement to end the conflict that began with US and Israeli attacks on Iran on February 28.

Iranian Foreign Minister Abbas Araghchi said Iran and Oman were “very close” to agreement on a new shipping route through the Strait of Hormuz but that reopening the strait depended on other conditions, including US compensation to Iran.

The previous shipping traffic separation scheme through the strait was no longer acceptable to Tehran, he ‌said, adding that Iran was ‌discussing a temporary route with Oman while technical and legal issues surrounding a permanent ​route ‌were ⁠resolved.