Iran and Oman plan to jointly control passage through the Strait of Hormuz, leaving only a single middle corridor through the waterway, the Fars news agency reported.
During negotiations, the two nations decided that entry into the strait will take place through a northern corridor near the Iranian coast, and exit through a southern corridor near the Omani coast. Over time, these corridors will be closed, and passage will move to the middle corridor.
Corridor management and transit fees
An agency source said Iran will regulate vessel entry, while both states will jointly manage exit. The cost of passage will be determined by charging ships tariffs for services, which will include insurance, refueling, environmental costs, and other services.
US President Donald Trump previously said the United States is ready to launch a strike on Iran unseen since World War II if the Strait of Hormuz is closed.
