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Oman Proposes Gulf-Backed Plan to Manage Strait of Hormuz Amid Trade Disruptions

Oman presents Iran with a Gulf-backed plan to manage the Strait of Hormuz, including voluntary fees, aiming to end trade disruptions.

Editorial Desk

July 28, 2026 One Min Read

POLICY WIRE — Muscat, Oman — Oman has presented Iran with a plan, backed by Gulf states, aimed at managing the Strait of Hormuz. The proposal includes the collection of voluntary fees for the use of the strait, according to a Gulf source and a Western diplomat who spoke to Reuters on Tuesday.

The plan is intended to serve as a basis for ending the disruptions to trade through the strait, which have been exacerbated by the ongoing US-Israeli conflict with Iran. The Strait of Hormuz is a critical chokepoint for global oil shipments, and any instability in the region has significant implications for international trade.

In a recent development, President Donald Trump, who abruptly called off a two-week US bombing campaign over the weekend, indicated that there were “good talks” under way with Iran. This suggests a potential shift in US strategy regarding the region.

Reporting by Policy-Wire (PW)

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