A pause in U.S.-Iran hostilities has sped up diplomatic efforts to secure a temporary agreement to reopen shipping through the Strait of Hormuz, a major flashpoint in the conflict.
Over the weekend and into Monday, Iran and Oman were negotiating a plan and crafting the terms of an agreement to ensure the safe passage of ships through the key waterway, reported the Wall Street Journal on Monday.
The limited U.S.-Iran talks are aimed at securing a temporary agreement to ease tensions, lift maritime blockades, and pave the way for broader negotiations on implementing the preliminary peace deal reached in June.
Oman has proposed a regionally backed plan for Iran to jointly manage the Strait of Hormuz through a shared mechanism with voluntary fees, rather than allowing Iran sole control of the strategic waterway, Reuters reported on Tuesday.
Iran is proposing a Strait of Hormuz cooperation model inspired by the Strait of Malacca, where users voluntarily fund navigation, environmental protection, and search-and-rescue efforts.
