Oman Holds Key to Strait of Hormuz Fees, Creating Market ‘Blind Spot’

Oman is using strategic ambiguity in talks over potential fees for ships passing through the Strait of Hormuz. This stance is raising legal, diplomatic, and oil market concerns. Experts say the lack of clear policy creates a “blind spot” for global energy markets, as traders cannot predict future costs. The strait is a critical passage for about 20% of the world’s oil. Oman’s position, caught between regional powers and international law, leaves investors guessing.