Oman and Iran plan Strait of Hormuz deal
Reports indicate that Iran and Oman are close to reaching an agreement allowing ships to pass through the Strait of Hormuz. The deal would include imposing service fees on vessels to cover environmental and security impacts, with revenue sharing between the two countries. The agreement stipulates that ships entering the strait would pass through waters under Iranian control, while departing ships would take a route near Oman, with empty oil tankers using the Omani side. This comes after indirect talks between Iran and the United States, amid efforts to temporarily open the strait and ease tensions in the region.
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