Oman proposes Hormuz management system with voluntary fees, source says

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A vessel in the Strait of Hormuz, as seen from Musandam,Oman, July 16, 2026.
A vessel in the Strait of Hormuz, as seen from Musandam,Oman, July 16, 2026.
(photo credit: REUTERS/STRINGER/FILE PHOTO)

Oman has presented a proposal to Iran for joint regional management of the Strait of Hormuz with shipping firms paying voluntary fees, a Gulf source told Reuters on Tuesday.

The Strait of Hormuz, which carried a fifth of global oil and liquefied natural gas before the Iran war, has become the main hurdle in peace talks and a flashpoint for repeated escalations in the conflict.

Iran has said the strait cannot go back to its pre-war status where shipping flowed freely, while Gulf states insist there be no mandatory payment of fees to Iran.

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