Oman proposes plan for voluntary fees to use Strait of Hormuz

Oman has presented Iran with a plan, backed by Gulf states, to manage the Strait of Hormuz, including collecting voluntary fees for its usage. This proposal aims to de-escalate tensions and end disruptions in the strait, which have been exacerbated by the U.S.-Israeli conflict with Iran. The plan suggests Iran would not have sole control, and fees would be voluntary, similar to the system in the Strait of Malacca. The Western diplomat compared it to a voluntary carbon tax. Iran has not formally responded to the proposal, and the U.S. President Donald Trump had previously called off a bombing campaign but threatened to restart strikes.

Key Points

  • Oman proposed a plan for managing the Strait of Hormuz, including voluntary usage fees.
  • The plan aims to de-escalate tensions and end disruptions in the strait.
  • It suggests Iran would not have sole control, and fees would be voluntary.
  • The model is compared to the Strait of Malacca system and a voluntary carbon tax.
  • The proposal comes amid heightened tensions between the U.S., Israel, and Iran.

Exam Facts

  • Strait of Hormuz.
  • Proposer: Oman (backed by Gulf states).
  • Comparison: Strait of Malacca system.
  • U.S. President: Donald Trump.

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All current affairs of 29 July 2026