Oman has presented Iran with a proposal for a joint regional mechanism to manage the Strait of Hormuz, according to a Gulf source cited by Reuters and reported by Al-Monitor. The proposal is said to have regional backing and would involve voluntary fees paid by users of the strait. Under the Oman plan, Iran would not have sole control over the waterway, according to the source. The mechanism is described as being modelled on arrangements for the Strait of Malacca, where vessels that use the route contribute voluntarily to help fund navigation support and related measures. The contributions in the Malacca example are also linked to environmental protection and search and rescue, and the Oman proposal aims to adapt a similar approach for Hormuz. The reports do not specify the level of fees, how compliance would be handled, or the governance structure of the proposed regional mechanism. They also do not indicate whether Iran has accepted the proposal. The development is presented as part of broader efforts to manage one of the world’s most strategically important chokepoints for global energy trade.
Oman proposes joint regional mechanism with Iran to manage Strait of Hormuz
Oman has presented Iran with a proposal for a joint regional mechanism to manage the Strait of Hormuz, according to a Gulf source cited by Reuters and reported by Al-Monitor. The proposal is said to h...
- Oman presents a proposal to Iran for a joint regional mechanism to manage the Strait of Hormuz.
- The proposal includes voluntary fees from users of the strait.
- A Gulf source says the plan is backed by regional countries.
- Under the proposal, Iran would not exercise sole control of the waterway.
- The mechanism is modeled on the Strait of Malacca, where voluntary contributions support navigation, environmental protection, and search and rescue.
RIYADH, July 28 (Reuters) - Oman has presented a proposal to Iran for a joint regional mechanism to manage the Strait of Hormuz with voluntary fees, a Gulf source told Reuters on Tuesday.Under the Omani proposal, which has regional backing, Iran would not exercise sole control of the vital waterway, the source added.The proposal is based on the Strait of Malacca, where those who use the strait voluntarily contribute to fund navigation, environmental protection and search and rescue.
4 hours agoOman proposes to Iran joint regional measure to manage Hormuz Strait Oman presented Iran a proposal for a joint regional mechanism to manage the Strait of Hormuz with voluntary fees, Reuters reported citing a Gulf source. The source indicated that under the Omani proposal, whi has regional backing, Tehran would not exercise sole control of the waterway.
5 hours ago
Ryanair passenger reports near-suction after window breaks mid-flight
Several outlets report that a passenger on a Ryanair flight says a window broke mid-air and he was nearly sucked out thr...
White phosphorus leak reported at US air base in South Korea, evacuation advisory issued
South Korea’s safety authorities report that a “leak” involving white phosphorus occurs inside the Osan Air Base, a Unit...
Judge orders singer D4vd to stand trial in death and dismemberment of Celeste Rivas Hernandez
A Los Angeles judge rules that there is sufficient evidence to send US singer D4vd to trial over the killing and dismemb...