Iran says preparing joint Hormuz navigation protocol with Oman
Iran is drafting a joint protocol with Oman to supervise maritime traffic through the Strait of Hormuz, a vital oil corridor. The protocol aims to manage ship movements and ensure safe passage after the ongoing war with the US and Israel has ended.
Iran is working on a peacetime protocol to manage maritime traffic through the Strait of Hormuz with Oman. The protocol will set basic rules for ship movements. Iran's Deputy Foreign Minister Kazem Gharibabadi announced the plan, which will be negotiated with Oman once finalized. The Strait of Hormuz is a critical oil corridor, with about one-fifth of the world's oil and liquefied natural gas passing through it. The US-Israeli war against Iran has halted shipments, causing oil supply disruptions and soaring prices. Russia's Foreign Minister Sergei Lavrov discussed the safety of navigation in the Strait with Iran's Foreign Minister Abbas Araghchi.
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