Iran proposes temporary Strait of Hormuz deal with Oman, warns waterway will remain shut if rejected
Iran proposed a temporary traffic management system for the Strait of Hormuz, allowing ships to navigate through Iranian waters, with Oman managing part of the opposite lane. This proposal comes amid rising tensions and aims to restore commercial shipping through the vital waterway, which Iran warned would remain closed if rejected by Oman. The ongoing dispute centers on management and navigation fees, with Iran rejecting Oman's equal-sharing plan as inadequate for addressing its security concerns.