Oman quietly rejects Iran’s pitch for Strait of Hormuz fees — despite IRGC claim of deal

Summary

Oman has reportedly rejected an Iranian proposal to levy fees on vessels transiting the Strait of Hormuz, a critical chokepoint for global oil and LNG supplies. This move maintains the principle of free navigation despite claims from Iran's IRGC of an agreement, preventing a major geopolitical escalation that would severely impact GCC exporters.