Gulf-backed proposal would replace Iran’s sole control with regional management and voluntary fees as Tehran holds talks with Oman and Saudi Arabia over the strategic waterway

Iran rejects proposal to keep the Strait of Hormuz open during Oman talks. U.S. charges for Hormuz fees by July 31 at 0.4% YES.

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

Muscat reportedly presents Tehran with Gulf-backed proposal for strait that includes voluntary fees