Commodities March 13, 2026

Rome Says No Secret Deal with Tehran to Secure Passage Through Hormuz

Italian foreign ministry rejects Financial Times report that talks were underway to protect select merchant vessels in the Strait of Hormuz

By Nina Shah
Rome Says No Secret Deal with Tehran to Secure Passage Through Hormuz

An Italian foreign ministry source has denied reports that Italy is negotiating with Iran to guarantee safe transit for Italian ships or oil tankers through the Strait of Hormuz. The ministry reiterated Rome's focus on diplomatic efforts aimed at broad military de-escalation and rejected the notion of arrangements that would shield some merchant vessels while leaving others exposed.

Key Points

  • Italian foreign ministry denies any negotiations with Iran to secure safe passage for Italian vessels or oil tankers through the Strait of Hormuz - sectors impacted include shipping and energy.
  • The denial contradicts a Financial Times report that suggested talks were taking place; earlier reports said Italy and France had engaged Tehran on reopening the strait - impacts extend to maritime trade and geopolitical risk pricing.
  • Italian officials state their diplomatic aim is to favour conditions for general military de-escalation rather than pursuing selective protections for some merchant ships - this has implications for defense and diplomatic sectors.

Italy is not carrying out negotiations with Iran to secure safe passage for Italian-flagged vessels or oil tankers through the Strait of Hormuz, a source at the Italian foreign ministry said on Friday.

The ministry statement directly contradicts a report in the Financial Times that suggested such discussions were occurring between Rome and Tehran.

"In their diplomatic contacts, Italian leaders want to favour the conditions for a general military de-escalation, but there is no under-the-table negotiation aimed at preserving only some merchant ships at the expense of others," the foreign ministry source said.

Earlier reporting had indicated Italy and France had been in talks with Tehran about the possible reopening of the Strait of Hormuz. The strait is a critical maritime route for oil and LNG tankers, and the source reiterated that Italy's diplomatic posture is focused on measures to reduce military tensions more broadly, rather than negotiating selective protections for particular vessels.

The source emphasized that while Italy is pursuing diplomatic contacts that it hopes will create the conditions for wider military de-escalation, there are no specific deals being pursued that would single out or secure passage only for certain merchant ships.


Context retained in official statements

The ministry framed Italy's approach as one aimed at promoting general reductions in military risk through diplomacy. At the same time, it rejected the idea of confidential arrangements that would favor some shipping operators over others.

About the Strait of Hormuz in statements

Statements included in the foreign ministry's message reiterated the strategic role of the Strait of Hormuz for oil and LNG tankers. The source also referenced the strait's effective closure since the start of the U.S. and Israel war against Iran, as reported in earlier accounts of the situation.

Italy's public position, as described by the foreign ministry source, remains centered on supporting diplomatic channels that could help reduce military tensions overall, while rejecting reports of side deals to protect certain merchant vessels.

Risks

  • Potential for selective protection arrangements - the ministry explicitly denied any "under-the-table" deals that would preserve only some merchant ships at the expense of others; this risk affects shipping operators and energy transport routes.
  • Continued effective closure of the Strait of Hormuz since the start of the U.S. and Israel war against Iran creates uncertainty for oil and LNG tanker movements and for energy market stability.
  • Confusion or contradictory reporting around diplomatic contacts can increase short-term volatility for markets tied to maritime trade and energy transportation due to unclear policy signals.

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