Proposed joint supervision of the Strait of Hormuz could limit unrestricted navigation and introduce new fees for vessels.
Iran and Oman are finalizing an agreement to jointly manage shipping traffic through the Strait of Hormuz, a critical chokepoint for global oil flows. The deal would divide operational control, with Iran overseeing inbound vessels and Oman handling outbound traffic, effectively sidelining US influence in the waterway’s governance.
The arrangement marks a departure from the Strait’s long-standing status as an international waterway open to free navigation. Under the proposal, ships entering the Persian Gulf would require Iranian clearance, while outbound traffic would be managed by Oman after notifying Tehran. The plan also introduces “service fees” for vessels, though Iranian officials deny plans for formal transit tolls.
The framework is described as temporary, aimed at stabilizing commercial flows amid regional tensions. Analysts warn the deal could disrupt global energy markets if implemented, given the Strait’s role in transporting roughly 20% of the world’s oil supply.