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Iran announced that any country or company receiving frozen Iranian assets will not be allowed to pass through the Strait of Hormuz. This comes in response to Trump's statements confirming his country's intention to use the frozen assets to compensate for ships targeted in the strait. Meanwhile, Oman proposed a joint regional management plan for the strait based on a system of "voluntary fees," aimed at enhancing maritime security and environmental protection. Oman collaborated with Iran and regional countries on this initiative, drawing inspiration from the Malacca Strait model in Asia. The proposal has the support of Gulf countries and seeks to establish a collective management of the strait through joint funding, thereby promoting regional stability and security in this strategic waterway.
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