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Oman and Iran are moving toward an agreement to jointly manage the Strait of Hormuz through a shared management model based on voluntary fees. The goal is to regulate navigation, protect the environment, and reduce security tensions. This diplomatic effort, supported regionally, aims to de-escalate the situation in the strait and revive dialogue between Tehran and Washington after tensions escalated and negotiations were suspended due to the crisis. There is hope that Iran and regional countries will accept the Omani proposal, with a final version expected to be announced soon, along with hints of a possible American willingness to advance negotiations.
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