Iran proposes Hormuz framework, BRICS division
Analysis based on 8 articles · First reported May 13, 2026 · Last updated May 13, 2026
The proposed framework for the Strait of Hormuz by Iran and Oman could stabilize global oil and gas prices, which surged after Iran's partial blockade. The ongoing diplomatic efforts within BRICS, particularly India's role, are crucial for de-escalating regional tensions and ensuring energy supply security.
Iran's Deputy Foreign Minister Kazem Gharibabadi is in New Delhi for a BRICS conclave, where he discussed the West Asia conflict and the Strait of Hormuz. Iran is proposing a new service-and-payment-based framework with Oman for merchant vessels through the Strait of Hormuz, a critical waterway for global oil and LNG. Gharibabadi stated that Iran would fully open the Strait if the United States lifts its blockade, ends the war, and releases frozen Iranian assets. He also highlighted that the United Arab Emirates is preventing BRICS from reaching a unified position on the West Asia conflict by insisting on condemning Iran. India, as the current BRICS chair, is seen as an impartial mediator, and Iran welcomes its initiatives for peace and stability in the region. The discussions also touched upon Iran's commitment to the Iran — Chabahar Port project and Pakistan's potential role as a mediator between Iran and the United States.
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