Oman has delivered a Gulf-backed proposal to Iran regarding the Strait of Hormuz, outlining a framework for joint control of the key waterway rather than sole management by Tehran.
The initiative is modeled on Asia's Strait of Malacca, where users make voluntary financial contributions toward the management and upkeep of the passage. Under the proposed terms, users of the Strait of Hormuz would similarly pay voluntary fees.
The plan aims to alter the administrative status of the strategic shipping route, introducing cooperative oversight supported by Gulf nations.
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