Under the proposal, Iran will not exercise sole control and fees would be voluntary, a system analogous to one in place on Asia’s Strait of Malacca.

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.

Oman put a Gulf-backed Hormuz plan to Iran: regional management and voluntary fees. The real fight is who administers the strait, not only whether ships can pass.

Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and services. Iran previously sought to control…