Iran has rejected a proposal from Oman for the joint oversight of the strategic Strait of Hormuz and has, instead, made a proposal of its own as both sides continue to pore over the terms of what a final agreement could look like.

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