Oman proposes managing Strait of Hormuz traffic through two separate corridors; Washington warns of sanctioning Muscat

According to CNN, citing a source familiar with the matter, Oman has proposed a plan to manage shipping traffic through the Strait of Hormuz via two separately controlled corridors: a southern corridor in Omani waters where vessels would sail freely under pre-war conditions, and a northern corridor in Iranian waters where ships would need Tehran's permission to pass.

At the same time, US Treasury Secretary Scott Bessent warned that Washington would aggressively sanction Oman if Muscat facilitated any Iranian transit-fee mechanism. The diplomacy is unfolding amid continuing US strikes on Iran and a naval blockade of Iranian ports, along a waterway through which about one fifth of the world's energy supply passes.