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Oman Suggests New Strait of Hormuz Plan
The article discussed the Omani proposal for managing the Strait of Hormuz through the establishment of a joint regional mechanism based on optional contributions from ships in exchange for specific services, with the aim of funding waterway protection and facilitating navigation. This proposal comes in response to Iran's closure of the strait since the start of the war in February and its refusal to pay fees for passing ships. Iran seeks to impose fees on all vessels crossing according to its policies, while regional states express reservations about unilateral fee Imposition. The Omani proposal aims to facilitate Strait management in a way that preserves maritime freedom and avoids unilateral measures that could escalate tensions. It is also a response to Iran's hardline approach to managing this vital passage, which accounts for about one-fifth of global oil supplies.
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