Oman rejects Iranian proposal for Hormuz fees; no revenue-sharing deal

Oman rejects Iranian proposal for Hormuz fees; no revenue-sharing deal

Oman rejects Iranian proposal for Hormuz fees; no revenue-sharing deal

Because the US has reimposed a naval blockade of Iran, meaning a fee-collection arrangement would be difficult to implement without Washington’s consent, according to the Post, any Iranian-Omani agreement on tolls would also face a practical obstacle.

Trump had warned on August 17 that the US would bomb Oman if it obstructed American efforts involving the strait. Hours later, IRGC spokesman Hossein Mohebbi announced that an agreement had been reached on revenue sharing.

Oman has rejected an Iranian proposal to impose fees on commercial vessels using the Strait of Hormuz, despite an earlier claim by Iran’s Islamic Revolutionary Guard Corps that the two countries had reached an agreement on sharing revenue from the strategic waterway, according to a New York Post report. The development appears to contradict a statement made previously by an IRGC spokesman, who said agreements had been reached on the two countries’ respective shares of the waterway and its revenues. A US official had previously told the NY Post that the terms of any revenue-sharing arrangement had not even been finalised by Tehran.

Iranian foreign minister Abbas Araghchi and Omani foreign minister Sayyid Badr Albusaidi discussed the strait during a meeting in Tehran last week. Oman’s decision also helps it avoid a direct confrontation with US President Donald Trump, who has threatened military action if Muscat interferes with the US position on the waterway.

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