Two sources familiar with the talks told i24NEWS there has been "some progress" in the Omani-Iranian negotiations over shipping in the Strait of Hormuz, but it is uncertain whether Iran will accept the latest proposal. Oman has proposed a regional consortium that would include securing shipping lanes, search and rescue, and additional cooperation, with the emphasis that payment would be voluntary. Iran has so far opposed the idea and demanded mandatory fees, without which there would be no passage, the sources said.
The talks between Oman and Iran over the Strait of Hormuz have been ongoing for weeks, with The Zioneer reporting on multiple developments. Iran has been seeking to impose transit fees on vessels passing through the strategic waterway, a position rejected by the United States and initially opposed by Oman. The latest proposal from Oman — a regional consortium with voluntary payment — appears to be an attempt to bridge the gap. However, according to the sources, Iran's demand for mandatory fees remains a sticking point. The outcome of these talks could have significant implications for global shipping and energy transit, as the Strait of Hormuz is a critical chokepoint for oil and gas shipments. It remains unclear whether the voluntary model will be acceptable to Tehran.
2 developments
- StrongIran says it will hold talks with Oman to set fees for Strait of Hormuz passage
- StrongIran confirms Muscat talks with Oman, agrees to continue Strait of Hormuz discussions
- DevelopingIran and Oman advance joint plan for Strait of Hormuz transit fees
- StrongOman drafts proposal for separate Strait of Hormuz lanes, with southern route free of Iran's permit requirements
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