Iran and Oman have begun negotiations on the joint management of the Strait of Hormuz

The first meeting of the joint Iranian-Omani committee, dedicated to issues of joint management of the Strait of Hormuz, took place in Muscat, the capital of Oman. The main topic of the talks was the discussion of a future model for controlling this strategic maritime artery within the framework of a broader memorandum of understanding between the United States and Iran. 

The need for a new mechanism arose after Tehran temporarily imposed restrictions on commercial shipping through the strait amid the armed conflict between the United States, Israel, and Iran. Subsequently, during stabilization talks with the United States, the Iranian side put forward a commercial proposal: to allow the free transit of oil tankers on the condition that a fee of $1 be paid for every liter of fuel transported.

This initiative by Iran directly contradicts the United Nations Convention on the Law of the Sea, according to which civilian and commercial vessels have an unconditional right of transit through international straits, and coastal states may not impose duties or taxes on such traffic. However, under the plan proposed by Tehran, the funds collected from the tankers are to be distributed between the budgets of Iran and Oman, which has become the subject of ongoing consultations in Muscat.

Iranian Deputy Foreign Minister Kazem Garibabadi announced this on X on June 29.