Tehran: Iran and Oman are on the verge of finalizing an agreement to resume commercial maritime traffic through the strategic Strait of Hormuz, as reported by The New York Times, citing insights from both Iranian and US officials. This development could potentially reshape the dynamics of shipping routes in the region.

According to TRTworld.com, the proposed arrangement would see vessels entering the Gulf via a channel under Iranian control, close to its coastline, while outbound traffic would utilize a channel adjacent to Oman. Iranian representatives indicated that while there would be no tolls, a "service fee" would be imposed to address environmental impacts, ensure cargo ship security, and cover staffing expenses. The revenue generated from this fee would be split equally between Iran and Oman.

In contrast, a US official contested the Iranian account, describing it as "not accurate." The official asserted that any "temporary" shipping routes through the strait would operate without requiring Iranian approval and without incurring tolls. The New York Times further highlighted skepticism among some senior Pentagon officials regarding the proposed framework, with concerns that it might be perceived as a concession to Iran.

The report also noted that certain Iranian officials expressed doubts about the effectiveness of the agreement, questioning whether it would achieve its intended purpose and avert future US military actions.