CNN: Oman Proposes Two Lanes in Strait of Hormuz

CNN reports: Oman has proposed to Iran that the Strait of Hormuz be divided into two shipping lanes, with no fees collected.

Under the plan, one route would be established under full Iranian supervision, and a parallel route would be controlled by Oman. The report also notes that according to the Omani proposal, both shipping lanes would operate without charging any money or fees to passing vessels.