Oman, Iran to hold talks regarding future management of Strait of Hormuz

Oman and Iran have agreed to form a joint team to negotiate an agreement on navigation in the Strait of Hormuz and associated costs and services.

​Oman ‌and Iran ​will form ‌a team to reach an agreement on "administration of ‌navigation in ‌the Strait of Hormuz" and associated costs ⁠and ​services, ⁠the two countries said ⁠in a joint ​statement on Tuesday.

The two ⁠states will ⁠hold ​talks with coastal countries ⁠and other concerned parties, the ⁠statement ⁠said.