Oman has presented Iran with a Gulf-backed proposal to jointly manage the Strait of Hormuz, including a system of voluntary fees for ships using the strategic waterway, according to a Gulf source and…

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

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.