15 Hrs
Source:
New York Post
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Oman Declines Iran's Strait Fees
Oman has quietly rejected Iran’s proposal to jointly charge service fees on ships in the Strait of Hormuz, avoiding a potential conflict with the U.S. and President Trump’s threats of military action. Despite Iran’s claims of reaching an agreement with Oman on revenue-sharing, Oman has declined to consent to any fees, aligning with broader peace efforts in the region. The move comes amid tensions over Iran’s attempts to increase influence over the strategic waterway and U.S. sanctions targeting Iran-linked entities in the UAE.
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