Can this be true? "Iran, UAE Close to Deal on Hormuz Islands"
some brief background here).
Defense News is also reporting that Iran has withdrawn a squadron of fighters from Abu Musa.
Iranian Foreign Minister Javad Zarif has said publicly that he is prepared to negotiate with the UAE on the basis of the 1971 agreement under which Iran and Sharja were to share Abu Musa. Is it possible that the deal reported above could be struck in which Iran keeps the seabed and the UAE gets the islands.
For four decades both sides have funded white papers, articles, and books defending their respective cases (including a recent one by a member of a ruling family), as well as occasional threats and saber-rattling. Could a breakthrough be possible?
I think this story needs to be taken with a reasonable dose of skepticism.