Pakistan, Aug. 8 -- Iran said a deal with Oman on the Strait of Hormuz is close, but the agreement alone will not reopen the waterway. Tehran said additional conditions must be met before normal shipping resumes.

Iranian Foreign Minister Abbas Araqchi said Tehran and Muscat were very close to an agreement on a new shipping route. He said reopening the strait depended on other conditions, including US compensation to Iran.

Read more: Iran confirms Hormuz framework agreement with Oman

Araqchi said the previous shipping route arrangement was no longer acceptable to Tehran. Iran and Oman are discussing a temporary route while technical and legal issues surrounding a permanent route are resolved.

Meanwhile, a US official said Washington ex...