The proposed interim arrangement would route inbound Gulf shipping through Iranian waters and outbound traffic through Omani waters, while waiving transit charges and clearing naval mines for 60 days.
The United States, Iran and Oman are close to reaching a 60-day interim agreement to reopen the Strait of Hormuz, a critical oil shipping chokepoint. Under the proposal, vessels entering the Persian Gulf would use shipping lanes in Iranian waters, while ships leaving the strait for the Arabian Sea would transit via Omani waters. No transit tolls or shipping-related fees would be charged during the initial 60-day period. The parties also agreed to clear naval mines from the Strait of Hormuz area to restore safer navigation and create room for talks on a longer-term passage arrangement.