Iran and Oman swap proposals to manage Strait of Hormuz: What we know

Iran has rejected a proposal from Oman for the countries’ joint oversight of the critical Strait of Hormuz and has, instead, made a proposal of its own as both sides continue to pore over the terms of what a final agreement could look like.Iran’s Deputy Foreign Minister Kazem Gharibabadi said in a state broadcast on Tuesday that Oman’s proposal had not sufficiently addressed Tehran’s concerns about control of the strait.Recommended Stories list of 4 itemslist 1 of 4Iran and Oman exchange proposals to manage Strait of Hormuzlist 2 of 4Iraqi armed groups condemn ‘dangerous escalation’ after US-Saudi strikeslist 3 of 4Iran missiles target US forces in Jordan after a five-day pause in warlist 4 of 4Iran attacks US bases in Middle East as Trump meets Netanyahuend of listHe added that Iran’s counterproposal would give Tehran more control over the waterway.The narrow strait has been at the centre of the conflict between the United States and Iran since late February, when US-Israeli attacks began on Iran. Before the war, about one-fifth of the world’s oil and liquefied natural gas (LNG) supplies were shipped from Gulf producers via this route. Shortly after the war began, Tehran closed th...