Shipping
Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services
Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs. The discussions, announced Tuesday following meetings in Muscat between Omani officials and an Iranian delegation led by Foreign Minister Abbas Araghchi and Mohammad Bagher Ghalibaf, reflect provisions in Article 5 of the U.S.-Iran Islamabad Memorandum of Understanding signed last week. The two countries will establish a joint working group to reach agreement on navigation administration, services, and associated costs in accordance with international standards.
