Oman Declines Iran's Proposal for Joint Strait of Hormuz Management

U.S. and regional sources reported. Iranian Foreign Minister Abbas Araghchi flew to Oman to discuss the deal. Oman is one of the multiple Gulf states attacked by Iran. The Institute for the Study of War noted that if Tehran secured Oman's agreement, Iran could present it to the United States as a new proposal to end the blockade without compromising Iranian red lines.

Gulf states were refusing Iran's attempts to gain control of the Strait of Hormuz out of fear it would jeopardize their relations with the United States, Arash Azizi, a Gulf analyst and Iranian-American historian, stated. Azizi said Qatar is turning from one of the more pro-Iran voices to one that’s quite stringent in opposing many Iranian narratives.

Pro-regime commentators now attack Al Jazeera as an adversary, he added.

President Donald Trump, Saudi Crown Prince Mohammed Bin Salman, and Bahrain's King Hamad bin Isa Al Khalifa attended a group photo session with Gulf Cooperation Council leaders in Riyadh, Saudi Arabia, on May 14, 2025. Many Gulf states would still be somewhat amenable to a deal that would grant Iran joint custodianship of Hormuz, depending on the terms of the agreement, Azizi stated.

P. Morgan paper. P. Morgan paper was published earlier in April 2026. U.S. blockade of Iran, Tehran proposed charging 100-130 vessels per day $2 million each crossing. Gulf states are not going to allow Iran either to control the strait nor toll ships coming through, a source familiar with mediation efforts stated.

The rial hit a record low on April 29, 2026. Iran’s Supreme Leader Mojtaba Khamenei asserted in a written message to Iranians on April 27, 2026, that Tehran would eliminate the enemies' abuses of the waterway under new management of the strait. Mojtaba Khamenei said, 'Foreigners who come from thousands of kilometers away...