Gulf states are backing a plan presented by Oman that would allow Iran to collect “voluntary” fees for commercial use of the Strait of Hormuz, according to Reuters sources. Oman, which controls part of the strait’s shoreline, is reported to be proposing a framework through which Iran would participate in managing access to the waterway, alongside Oman. Reuters reports that the plan is being discussed with a view to reducing or ending disruption to oil trade through the strait that has been linked to the broader context of the U.S.-Israeli war on Iran. Separate reporting echoes that Tehran wants to be involved in managing the strait with Oman. One outlet also notes that the concept is modeled on how other countries in Asia manage a major shipping chokepoint, referring to the Strait of Malacca’s arrangements involving Indonesia, Malaysia and Singapore. The sources characterize the proposed fees as voluntary, and the plan is described as a potential basis for negotiations to stabilize maritime commerce in the region.
Gulf states back Oman plan for Iran to collect voluntary Strait of Hormuz fees
Gulf states are backing a plan presented by Oman that would allow Iran to collect “voluntary” fees for commercial use of the Strait of Hormuz, according to Reuters sources. Oman, which controls part o...
- Oman is presenting a Gulf-backed plan for managing the Strait of Hormuz.
- The plan would allow Iran to collect “voluntary” fees for use of the strait.
- Oman and Iran are positioned as potential co-managers of the waterway, with Oman controlling the opposite shoreline.
- Sources say the proposal is intended to ease disruption to oil trade through the strait.
- Some reporting describes the approach as inspired by management arrangements for the Strait of Malacca.
The plan takes inspiration from Indonesia, Malaysia and Singapore's management of the Strait of Malacca in Asia.
30 minutes agoTehran has said it wants to manage the strait alongside Oman which controls the opposite shore
2 hours agoBy Timour Azhari and Parisa HafeziDUBAI, July 28 (Reuters) - Oman has won backing from Gulf states for a plan that would let Tehran collect voluntary fees to use the Strait of Hormuz, a Gulf source told Reuters on Tuesday, a path towards ending the disruption to oil trade caused by the U.S.-Israeli war on Iran.
2 hours agoBy Timour Azhari and Parisa HafeziDUBAI, July 28 (Reuters) - Oman has 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 U.S.-Israeli war on Iran.
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