Oman has drafted a proposal to manage traffic in the Strait of Hormuz through two separately controlled routes, a source with knowledge of the talks told CNN.
Under the agreement, which is yet to be finalized, both corridors would remain open. The Southern Corridor, through Omani territorial waters, would allow free navigation under pre-war conditions.
Vessels transiting the Northern Corridor, through Iranian territorial waters, would require prior approval from Iran, although no tolls would be imposed under the deal.
Iran’s Foreign Minister Abbas Araghchi met with his Omani counterpart, Sayyid Badr Albusaidi, in Muscat on Saturday, during which both officials discussed mechanisms to ensure the safe passage of vessels in the waterway.
Source: Oman proposes deal for Strait of Hormuz shipping routes Egypt Independent.
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