Oman Proposes Joint Regional Mechanism with Iran to Manage Strait of Hormuz

Oman has proposed a joint regional mechanism to Iran for managing the Strait of Hormuz, which would include voluntary fee payments, a Gulf source told Reuters. The proposal, supported by regional parties, aims to prevent Iran from exercising exclusive control over the strategic waterway. It is modeled after the Malacca Strait system near Indonesia, where users voluntarily contribute to navigation funding, environmental protection, and search and rescue operations. This initiative seeks to create a cooperative framework for the Strait of Hormuz's management, enhancing regional security and shared responsibility.