Oman presents Hormuz fee proposal to Iran
By Sagar Dua
Updated: 28 Jul 2026
POPULAR ARTICLES
According to a Gulf source, Oman presented to Iran proposal for a joint regional mechanism to manage the Strait of Hormuz, a vital passage to almost 20% of global energy supply, with voluntary fees.
According to a Gulf source, Oman presented to Iran proposal for a joint regional mechanism to manage the Strait of Hormuz, a vital passage to almost 20% of global energy supply, with voluntary fees.
Additional remarks
Omani proposal has regional backing.
Proposal is based on strait of Malacca, where those who use Strait voluntarily contribute to fund navigation, environmental protection, search and rescue, gulf source says
Iran would not exercise sole control of Strait of Hormuz under the proposal.
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
