Iran rejects Oman’s 50-50 Hormuz shipping plan, proposes new route

Iran says it is negotiating with Oman over an interim shipping arrangement for the Strait of Hormuz but insists it must exercise effective oversight over key parts of both shipping lanes, even if lasting peace is restored.

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Latest verified updates on Iran’s regional confrontation, U.S.–Israeli strikes, missile retaliation, proxy networks, sanctions, and Strait of Hormuz risks.

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