5 Hrs
Source:
العربي الجديد
Oman proposes Strait of Hormuz deal
The article highlighted a proposal presented by Oman to Iran regarding the management of the Strait of Hormuz through a joint regional framework that would impose voluntary fees on users of the strait, based on the model of the Malacca Strait, with the aim of funding environmental protection, navigation safety, research, and rescue efforts. Iran rejected the idea of complete control over the strait. The two parties have been engaged in technical discussions since June. Iran emphasizes enhancing diplomatic cooperation to stabilize the region, while the United States warns that the window for diplomacy regarding the Iran crisis will not remain open for long, threatening a return to military action if quick results are not achieved. Oman’s proposal aims to reduce tensions in the strait and promote regional cooperation, amid Iranian rejection of a previous American proposal that sought to keep the Omani route temporarily open during the negotiations.
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