Bank Of Baku

Oman proposes new Hormuz traffic plan as Trump sets deadline for Iran deal

Oman proposes new Hormuz traffic plan as Trump sets deadline for Iran deal
# 12 July 2026 01:50 (UTC +04:00)

Oman has drafted a proposal to manage shipping through the Strait of Hormuz via two separately controlled routes, CNN reported citing a source familiar with the talks, as Iran’s foreign minister holds talks with Omani and Qatari officials in Muscat, APA reports citing Iran International.

Under the yet-to-be-finalized plan, both corridors would remain open. The “Southern Corridor,” running through Omani territorial waters, would allow “free navigation” under pre-war conditions.

Ships using the “Northern Corridor” through Iranian territorial waters would need “prior approval” from Tehran, although “no tolls” would be charged.

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