Oman proposes Hormuz management system with voluntary fees: Reuters
The plan would let Iran collect voluntary ship fees while sharing control of the waterway, a source said, as oil trade disruptions continue.
- On Tuesday, Oman presented Iran with a proposal for a joint regional mechanism to manage the Strait of Hormuz using voluntary fees, ending sole Iranian control of the vital waterway.
- Iranian Foreign Minister Seyyed Abbas Araqchi held separate calls with Saudi and Omani counterparts on Monday, emphasizing the need to strengthen cooperation and establish regional stability in the maritime passage.
- Modeled after the Strait of Malacca, the Omani proposal suggests users voluntarily contribute funds for navigation, environmental protection, and search and rescue, according to a Gulf source.
- While a pause in U.S.-Iran hostilities appeared to hold following two weeks of strikes, Saudi Arabia reported intercepting a "number of drones" allegedly launched by Iran-backed militias in Iraq targeting oil facilities.
- President Donald Trump hailed "good talks" with Iran on Monday, warning that United States strikes will resume if negotiations fail to deliver a diplomatic solution.
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Why is Oman proposing a new plan to manage the Strait of Hormuz?
Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and services. Iran previously sought to control the strait and charge transit fees. The United States also considered charging for passage through the waterway. International law generally prohibits charging for passage through international straits.
The proposal for a sultanate, which would be supported by the Gulf countries, would result in the creation of a private entity financed by voluntary contributions and would prevent Tehran from exercising exclusive control over the trade route.
Oman pushes plan to let Iran collect ‘voluntary’ fees to pass through Strait of Hormuz
Oman, which sits on the opposite side of the southern entrance of the strait from Iran, previously alluded to its interest in working with Tehran on some sort of fee structure.
Donald Trump Just Got Handed a New Problem: Oman Just Put a Hormuz Peace Plan on the Table and Iran Might Take It
Oman is leading the charge for a renewed round of negotiations with the Islamic Republic of Iran, aiming to influence regional diplomacy. As a nation that sits just across from Iran, separated by the now-contested Strait of Hormuz (SoH), Omanis have struggled under the weight of being caught between their relationships with the United States and the Islamic Republic. Oman’s newest attempt to get the US and Iran talking rather than shooting at ea…
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