latest news in Strait of Hormuz

Oman Proposes Shared Route to Reopen Vital Oil Waterway as Iran Demands Control

Oman Proposes Shared Route to Reopen Vital Oil Waterway as Iran Demands Control

Muscat, Thursday, 30 July 2026.
Iran rejected Oman’s joint management plan for the Strait of Hormuz, demanding exclusive oversight and steep shipping fees that threaten efforts to stabilize global energy transit.