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Iran rules out regional management of Hormuz Strait, hitting hopes for breakthrough

In-Cyprus · 2026-07-29

AI SUMMARY

• What happened: Iran has rejected Oman’s proposal for regional joint management of the Strait of Hormuz, stating that control must remain solely between Iran and Oman without external involvement. • Why it matters: The Strait of Hormuz is a critical waterway for global oil supplies, and Iran's refusal to share control complicates diplomatic efforts to stabilize the region amidst ongoing conflict. • What to watch next: Observers will be monitoring any further developments in negotiations between Iran, Oman, and Gulf states, as well as potential impacts on global oil markets and shipping routes.

World energyiranomanuswar Iran rules out regional management of Hormuz Strait, hitting hopes for breakthrough Iran Sets Conditions For Us Deal As Trump Touts Progress And Pauses Hormuz Escorts Relevant News Iran rules out regional management of Hormuz Strait, hitting hopes for breakthrough 29 July 2026 After the quake came the blast: Inside Japan’s shopping mall disaster 29 July 2026 Guterres, Christodoulides, Erhürman hold further Cyprus talks today 29 July 2026 newsroom 29 July 2026 FacebookXWhatsAppEmailPrintViber Iran has ruled out Oman’s proposal for regional joint management of the Strait of Hormuz, a senior Iranian official said on Wednesday, hitting hopes of a swift diplomatic breakthrough in the war. The plan had no chance of success, the official told Reuters. Iran and Oman must manage the Strait of Hormuz between them, based on their respective areas of control, without the involvement of other powers, the official added. He spoke a day after sources said Gulf states had backed the Omani plan, which suggested voluntary fees could be collected for using the strategic waterway in a bid to end disruption to trade caused by the conflict. The official, who said the United States and Saudi Arabia were trying to press Oman into accepting what he called unrealistic plans, said the Strait’s entire inbound route and part of the outbound route would have to be under Iranian control. He said Iran respected Oman, which it considered a valuable neighbour and mediator, but that a 50/50 arrangement under which the two countries shared equal control would not serve Iran’s interests. Oman should oversee the section of the Strait corresponding to its control, he said, adding that southern routes through the Strait, which pass through Omani territorial waters, could be dangerous for shipping. Control of the Strait, the narrow waterway between the Gulf and the Indian Ocean that is the main route for about a fifth of world oil supplies and other vital goods, has been a main sticking point in efforts to resolve the U.S.-Iran war. It has been largely blocked since the start of the war. On Tuesday, a Gulf source and a Western diplomat told Reuters that Oman had proposed placing the Strait under regional management with voluntary fees to help pay for managing navigation, environmental protection, search and rescue and other services. The plan is based on similar arrangements for the Strait of Malacca linking the Indian Ocean to the Pacific, where Indonesia, Malaysia and Singapore together ask for voluntary contributions from shippers to pay for services. Before the war, shipping passed freely through the Strait, which is in the territorial waters of both Iran and Oman but which is generally regarded as an international waterway. But as the war has gone on, Iran has asserted what it calls a sovereign right to manage the Strait and to impose fees on shipping, alongside Oman. (Reuters) Subscribe to our Newsletter Latest News After the quake came the blast: Inside Japan’s shopping mall disaster Guterres, Christodoulides, Erhürman hold further Cyprus talks today Japan earthquake death toll rises to 13 as rescuers search rubble Print shop destroyed in Agios Dometios fire Two hospitalised after serious collision near Xylophagou Fitto to visit Cyprus tomorrow for Friday talks with Christodoulides, Erhürman Guterres dinner marks small step forward as Cyprus talks resume Follow en.philenews on Google News and be the first to know all the news about Cyprus and the world.

Source: In-Cyprus
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