Oman, Iran Seek Joint Body to Oversee Future Navigation in Strait of Hormuz
Suehyeon Lee
Summary
- Oman and Iran said they will form a joint consultative body to discuss future navigation management in the Strait of Hormuz.
- The two countries said they will create a joint team aimed at reaching an agreement on the future management of navigation in the Strait of Hormuz.
- Interest in the strait’s operating framework is rising as the U.S. and Iran push for a memorandum of understanding (MOU) that includes reopening the Strait of Hormuz.
Forecast Trend Report by Period
Oman and Iran plan to form a joint consultative body to discuss how navigation through the Strait of Hormuz will be managed in the future.
Walter Bloomberg reported on June 23 that the two countries said they would create a joint team aimed at reaching agreement on the “future management of navigation” in the Strait of Hormuz.
The announcement comes as the U.S. and Iran hold talks on a ceasefire and the normalization of relations. Interest in the strait’s operating framework has also grown after the U.S. and Iran recently moved to pursue a memorandum of understanding, or MOU, that includes reopening the Strait of Hormuz.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
