Oman offers Iran Gulf-backed plan to end Strait of Hormuz crisis
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Part of composite article Iran Threatens to Keep Strait of Hormuz Closed, Demands Full Control of One Shipping Lane View full article →
Oman has presented Iran with a proposal, backed by Gulf Arab states, to jointly manage the Strait of Hormuz. The plan includes a system of voluntary fees for ships using the strategic waterway, according to a Gulf source and a Western diplomat.
The initiative aims to restore stable shipping through the strait after months of disruption. Those disruptions were caused by the US-Israeli war on Iran and subsequent attacks on commercial vessels.