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Oman proposes Gulf-backed voluntary fees to use Hormuz

Source: Times of India
Category: Politics
Region: General
Published: July 29, 2026 at 02:08

๐Ÿ“ Summary

Oman has presented Iran with a plan backed by Gulf states for managing the Strait of Hormuz. This proposal includes collecting voluntary fees for ships utilizing the vital waterway. Iran has yet to respond to the Omani proposals for trade disruption resolution. The plan aims to avoid sole Iranian control and make fees voluntary. Gulf Cooperation Council ministers met to discuss waterway safety and cooperation.

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๐Ÿท๏ธ Keywords:
gulf voluntary fees oman backed hormuz iran plan waterway cooperation

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