Oman proposes voluntary Strait of Hormuz transit fees amid US-Iran diplomatic signaling

Oman is promoting a Gulf-backed initiative to implement voluntary transit fees in the Strait of Hormuz to mitigate risks of Iranian disruption. The proposal coincides with reports of US-Iran diplomatic engagement, though the US maintains a credible threat of military action if negotiations fail. It remains unclear if Tehran will accept the fee structure or if the proposal will effectively deter maritime escalation.