Iran declines Oman Strait management proposal
Sources reported that Iran rejected Oman's proposal for joint management of the Strait of Hormuz, which undermines the chances of quickly reaching a consensus to end the crisis in the region. Oman suggested placing the strait under regional administration with voluntary fees collected from shipping companies, similar to the Melaka Strait system, aiming to cover operational costs and environmental protection. However, Iran insisted that sovereignty over the entire waterway falls under its responsibility, and that control zones should be divided between Iran and Oman based on their spheres of influence, with Iran maintaining full control over entry and exit routes. The Strait of Hormuz is one of the world's most important oil passageways, and the dispute over its management remains one of the main obstacles to reaching an agreement to de-escalate tensions in the region.
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