Omani proposal is based on the Strait of Malacca model, where ships that use the strait provide voluntary fees.

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

RIYADH, July 28 (Reuters) - Oman has presented a proposal to Iran for a joint regional mechanism to manage the Strait of Hormuz with voluntary fees, a Gulf source told Reuters on…

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…