Iran and Oman are discussing a framework that would eventually eliminate the northern and southern shipping corridors in the Strait of Hormuz and channel all maritime traffic through a central route, according to a Iranian Foreign Ministry source, APA reports citing Fars.
Under the proposed arrangement, ships would initially enter through the northern corridor near Iran’s coast and leave through the southern corridor near Oman. After a specified transition period, both routes would close, with inbound traffic through the central corridor managed by Iran and outbound traffic jointly managed by Iran and Oman.
The source said ships would be charged for services including insurance, refueling and environmental protection, rather than paying a fixed percentage of their cargo’s value. Reports that Tehran and Muscat were divided over proposed tariffs of 3% or 7% of cargo value were inaccurate, the source added.