Strained Relations and Shared Waters: A Tense Proposal for the Strait of Hormuz The recent exchange of proposals between Iran and Oman regarding the management of the Strait of Hormuz has raised more questions than answers about its future.
The strategic waterway, which carries one fifth of global energy supplies, has been at the center of a brewing conflict since the start of the US Israeli war on Iran in February.
Oman's proposal is based on the successful model of the Strait of Malacca in East Asia, where a joint regional mechanism manages the strait with voluntary fees from shipping companies.