Iran is coordinating with Oman regarding the management of the Strait of Hormuz, a vital waterway for global oil transport. Iran's plans to impose fees on commercial shipping have drawn opposition from the US and Western diplomats, who argue such measures are unlawful and threaten freedom of navigation. The situation remains tense as the US continues to enforce a blockade in the region.

• 01Iran's foreign minister, Abbas Araghchi, claims the Strait of Hormuz is an exclusively Omani-Iranian waterway, rejecting the notion of international waters.
• 02Iran established the Persian Gulf Strait Authority on May 5 to manage shipping and potentially charge fees for passage, setting the fee at approximately $1 per barrel.
• 03Western diplomats argue that Iran's proposed tolls violate international law and could restrict navigation based on ship ownership nationality.
• 04Oman has not publicly responded to Iran's fee proposal, while the UK and France are promoting an alternative plan focused on freedom of navigation.
• 05The legal status of Iran's tolls is complicated by its non-ratification of the UN Convention on the Law of the Sea, which governs maritime rights.

The ongoing situation in the Strait of Hormuz directly affects shipping companies and nations reliant on oil transport through this critical waterway, potentially increasing operational costs and complicating international trade.