Iran rejected Oman's dual-corridor proposal for the Strait of Hormuz, deepening a maritime crisis affecting 20% of global oil trade and crypto

TEHRAN, July 26 — Iran said on Sunday it had made progress in talks with Oman on management of the Strait of Hormuz, the strategic waterway crucial for oil and gas trade that...

Iran and Oman are discussing management of the Strait of Hormuz – including imposing service fees, a move the US opposes.