Iran and Oman nearing agreement on Strait of Hormuz shipping route
According to a New York Times report, Iran and Oman are nearing a deal to collaborate on managing commercial shipping traffic in the Strait of Hormuz. The proposed arrangement suggests that vessels heading into the Persian Gulf will travel through a northern lane close to Iran, while those leaving the area will utilize a southern lane near Oman. Reports indicate that Iran intends to collect 'service fees' rather than official tolls to address environmental concerns.
by shortkt.com✓