Iran and Oman push toward joint Hormuz control with tolls on the table

Iran and Oman announced progress toward a temporary joint corridor and a future permanent administration of the Strait of Hormuz, including a revenue-sharing plan for tolls and steps to clear mines and coordinate traffic, signaling a potential shift in Gulf security dynamics; Washington’s response remains wary, with Trump threatening action if Oman obstructs the strait, while actual shipping activity remains subdued for now.