July 28 (Reuters) - Oman has delivered a proposal to Iran envisaging regional management of the Strait of Hormuz and only voluntary fees for transit rather than Tehran's vision of maintaining control of the waterway and charging for its use.Control of the strait, the narrow waterway between the Gulf and the Indian Ocean that is the main route for about a fifth of world oil supplies and other vital goods, has been a main sticking point in efforts to resolve the U.S.-Iran war.WHAT DO WE KNOW ABOUT OMAN'S NEW PROPOSAL?

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.

Under the Omani proposal, which reportedly has regional backing, Tehran won't have sole control of the vital waterway.

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…