Iran and Oman announced Tuesday they will form a joint working group to manage navigation and potential transit fees in the Strait of Hormuz [1].

This agreement is critical because the strait is one of the world's most vital oil transit chokepoints. Any changes to the administration of the waterway or the introduction of fees could impact global energy prices and shipping logistics [1], [2].

Following talks in Muscat, the governments of the Islamic Republic of Iran and the Sultanate of Oman reaffirmed their sovereign rights over the strait [2], [3]. The two nations said that all future arrangements must respect the sovereignty of each country [2].

The newly established working group will focus on the future administration of the waterway and the provision of navigation services [1], [3]. A primary objective of these discussions is to ensure the strait remains open and safe for international maritime traffic [1], [2].

Officials are also expected to discuss the possibility of implementing transit costs for shipowners [1]. While the specific details of these fees have not been finalized, the joint statement indicates a move toward a more structured administrative framework for the passage [3].

Both countries said the cooperation aims to address concerns regarding the safety of the waterway while asserting their legal rights over the territory [1], [2]. The talks in Muscat serve as a diplomatic effort to stabilize the region's most sensitive maritime corridor, a goal that requires coordination between the two coastal states [3].

Iran and Oman announced Tuesday they will form a joint working group to manage navigation and potential transit fees.

The move to establish a joint working group suggests a shift toward formalizing the economic and administrative control of the Strait of Hormuz. By discussing transit fees and navigation services together, Iran and Oman are asserting a collective regional authority over the waterway that could challenge the status quo of international transit. This development may lead to increased operational costs for global shipping companies and heightens the geopolitical importance of the Muscat-led diplomacy.