Oman has drafted a proposed agreement outlining a new navigation scheme for vessels in the Strait of Hormuz, aiming to establish defined shipping lanes following recent military actions involving the US and Iran.
According to CNN, citing a source familiar with the negotiations, the draft proposes the creation of two separate shipping corridors. The Southern Corridor, located within Omani territorial waters, would operate under pre-conflict conditions, allowing free navigation.
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The Northern Corridor, passing through Iranian territorial waters, would require vessels to obtain prior permission from Tehran. The proposal does not include transit fees for the Northern Corridor.
The agreement has not yet been finalized.
On Saturday, Iranian Foreign Minister Abbas Araghchi met with Omani Foreign Minister Sayyid Badr Albusaidi in Muscat to discuss mechanisms for vessel transit through the strait. The Strait of Hormuz functions as a route for oil transportation.
The Omani proposal follows a series of military actions in the region. The US armed forces conducted three series of strikes against Iranian targets this week.
US Central Command (CENTCOM) stated that the operations were a response to an Islamic Revolutionary Guard Corps (IRGC) attack on the GFS Galaxy, a Cyprus-flagged container ship. The attack resulted in one missing civilian crew member and fire and physical damage to the vessel’s engine room.
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Prior to the latest strikes, US forces targeted approximately 140 Iranian military sites, including radar stations, missile storage facilities, and surface-to-air missile installations.
The IRGC subsequently announced a blockade of the Strait of Hormuz, stating that no vessels would be permitted to pass until US interventions in the region cease. The IRGC also stated that US military bases in the Middle East would become targets if further US strikes occur.
These military actions coincide with a 60-day negotiation window established under a bilateral Memorandum of Understanding (MoU) signed in June. US officials have stipulated that a final diplomatic agreement requires Iran to transfer its estimated 410 kilograms of enriched uranium to the US.
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