New Delhi/Tehran/Muscat: Iran and Oman are reportedly nearing an agreement on a new shipping arrangement for the Strait of Hormuz, according to a report by The New York Times.
Under the reported proposal, inbound vessels would transit along the Iranian side of the strategic waterway, while outbound ships would sail closer to Oman’s waters. The report further claims that “service fees” collected under the proposed arrangement would be paid to Tehran.
If implemented, the arrangement could significantly affect navigation through the Strait of Hormuz, one of the world’s most important maritime chokepoints for global oil and liquefied natural gas (LNG) shipments.
However, neither Iran nor Oman has officially confirmed the reported agreement. The details remain based on media reports, and no formal announcement has been made by either government regarding the proposed shipping framework.
The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, making it a critical route for international energy supplies and global maritime trade.
Note: This report is based on information published by The New York Times. Official confirmation from the governments of Iran and Oman is awaited.