Muscat, July 12 -- Oman has proposed a plan to regulate maritime traffic without tolls through the Strait of Hormuz by establishing two separate shipping corridors as efforts continue to ensure the safe passage of vessels through the strategic waterway.
Despite a series of strikes by both Iran and the United States, diplomatic efforts are underway to resolve the dispute over the future management and control of the Strait of Hormuz, a vital global shipping route.
As part of a memorandum of understanding signed in June, Iran and Oman are engaged in negotiations to determine how maritime traffic through the strategic waterway will be managed in the future. However, the talks have come under increasing pressure in recent weeks after attacks ...