15 Hrs
Source:
CNN Arabic
Sources disclose Omani Strait management plan
Oman recently proposed a plan to introduce a service fee for using the Strait of Hormuz, but without imposing mandatory passage fees, amid disagreements over the details with the United States and its allies. The strait is a vital passage through which 20% of the world's oil supplies pass. The parties are exploring the future management of the strait following a ceasefire agreement between Iran, which was described as granting Tehran an official role in managing the corridor. The details are expected to be discussed in Qatar this week.
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