Hormuz management deal nears as Iran and Oman advance shipping route plans

Media reports indicate both countries have agreed proposed route coordinates, while discussions continue over vessel oversight and conditions for reopening the strait

Hormuz management deal nears as Iran and Oman advance shipping route plans

According to information circulated by multiple media outlets, Iran and Oman are moving closer to an agreement on the future operation of the Strait of Hormuz, with discussions focused on shipping routes and traffic management.


Information provided by Reuters indicates that Iranian and Omani officials had agreed on the geographical coordinates of a proposed route and were finalising a joint statement explaining how the arrangement would function.


Reuters also reported that a senior Iranian official said Iran was seeking fees amounting to 5-7% of the cargo, while Oman was discussing fees equivalent to half that level.


Some details were revealed in the media concerning the nature of future traffic in the waterway.


A report by The Guardian mentioned that Iran would have control over ships entering the Gulf, while Oman could be responsible for overseeing outbound shipping through the strait.


According to the publication, Iran has stated that the strait would not operate in the same manner as before the conflict and has sought greater control over maritime traffic moving through the channel.


The involvement of the United States in these developments remains unclear despite news on Tuesday by US officials that a deal is near with Iran on the reopening of the Strait.


However, Iranian sources rejected these claims, stating that key details remained unresolved, insisting that the reopening of the strait would depend on the United States lifting its blockade of Iranian ports.


 

Source: Reuters, ShippingWatch, The Guardian
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