Iran is proposing a deal that would see it have significantly more control than Oman.
Omani proposal is based on the Strait of Malacca model, where ships that use the strait provide voluntary fees.
Oman presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday. The plan could serve as a basis to end the disruption to trade through the strait caused by the US-Israeli war on Iran. President Donald Trump, who abruptly called off a two-week US bombing campaign over the weekend in his latest strategic U-turn, said there were “good talks” under way with Iran but...
Iran said on Sunday it had made progress in talks with Oman on management of the Strait of Hormuz, the strategic waterway crucial for oil and gas trade that both countries border. The latest talks come after the United States resumed attacks on Iran in an effort to end Tehran’s control of the strait, following a June memorandum of understanding aimed at ending the war that had briefly eased tensions. Foreign ministry spokesman Esmaeil Baqaei said several rounds of negotiations were held in...
Omani delegation in Iran to discuss managing traffic in the strait, which has become the main focus of the US conflict.
Iran struck Bahrain, Qatar, Oman, Jordan and Syria in retaliation for US strikes.
The MEA went on to describe as “deeply worrisome”, the “continuing incidents of attacks on commercial shipping in the region”
Regional mediators are stepping up efforts to prevent further escalation between Iran and the US.
Vice-President JD Vance is among US officials expected to take part in negotiations resuming on Saturday in Oman.