NewzIran and Oman are making progress on an emerging agreement to reopen and expand safe shipping through the Strait of Hormuz, according to regional and US officials. Negotiators have held positive talks aimed at resolving the maritime situation, though some key differences reportedly remain unresolved.
Under the terms of the developing deal, commercial vessels would navigate the strait using designated corridors. Ships would enter the Persian Gulf through an Iranian-controlled route and exit via a route managed by Oman.
As part of the proposed arrangement, service fees would be levied on participating vessels. These charges are intended to cover the costs of providing security for the maritime transit and preserving the local marine environment.
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