
Iran and Oman Draft Strait of Hormuz Protocol to Monitor Ship Transit
Key Takeaways
- Iran and Oman drafting protocol to monitor ship transit through Strait of Hormuz.
- Kazem Gharibabadi says measures facilitate safe passage, not restrict transit.
- Move aims to ease disruptions and calm oil markets amid tensions.
Protocol Proposal
Iran and Oman are reportedly drafting a protocol to monitor ship transit through the Strait of Hormuz.
“Stocks recovered from early losses as investors digested President Trump's Wednesday bnight developments for shipping in the strategically vital Strait of Hormuz”
Iran's Deputy Foreign Minister said the requirements will not mean restrictions but facilitate safe passage.
Oman has not publicly acknowledged the proposal, and the Strait is internationally recognized as allowing free passage.
Context of Closure
The Strait of Hormuz has been effectively closed since the conflict began on February 28.
Iran has been escorting foreign tankers in exchange for hefty fees after extensive background checks.

Several legal experts have asserted Iran's tollbooth system enjoys no basis in international law.
Divergent Reactions
Western legal experts warned the protocol could spark new disputes over freedom of navigation rights.
“Markets breathed a sigh of relief on Thursday after Iran’s state news agency reported the country is drafting a protocol with Oman to monitor and charge tolls on ships transiting the Strait of Hormuz”
GCC countries viewed the plan as economic warfare.
The US-Israel war entered its second month, with the Strait remaining closed.
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