A Gulf source cited by Israeli media reports that Oman has proposed to Iran a joint mechanism for managing the Strait of Hormuz, based on 'voluntary fees' for passage. The proposal comes amid ongoing talks between Muscat and Tehran over shipping in the strategic waterway, with Iran previously insisting on mandatory fees.
According to a Gulf source cited by Israeli media (ynet), Oman has proposed to Iran a joint mechanism for managing the Strait of Hormuz based on 'voluntary fees' for passage. The proposal comes amid the continuing Omani-Iranian talks on shipping in the strategic waterway, which The Zioneer reported on July 26 had shown 'some progress' but with Iran still demanding mandatory fees. The new Omani offer appears to aim at bridging that gap by making the fees voluntary, potentially through a regional consortium. The outcome remains uncertain, as Iran has consistently sought to assert direct control over the waterway.
4 developments
- StrongIran says it will hold talks with Oman to set fees for Strait of Hormuz passage
- DevelopingIran and Oman advance joint plan for Strait of Hormuz transit fees
- DevelopingReport: Oman submits formal Strait of Hormuz proposal to US
- DevelopingIran and Oman announce joint management company for Strait of Hormuz
Source and signal
- Open-source intake