The proposal includes a system to regulate transit through the strait, including a fee of about $2 million per vessel, which would be shared with Oman. The proposal includes a system to regulate transit through the strait, including a fee of about $2 million per vessel, which would be shared with Oman. A day ago, a deadline set by the United States for Iran to meet certain conditions, raised the risk of further military action. On March 24, the United States sent its own 15-point proposal to Iran via intermediaries, which Tehran rejected. Iran is seeking long-term security assurances and economic relief, while the United States is pushing for broader concessions tied to regional stability and strategic access through key global shipping routes

Source: dna April 08, 2026 05:20 UTC