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← The MonexusBusiness · Economy

Oman floats a Gulf-backed, fee-funded Hormuz regime as diplomats say talks are moving

Muscat has handed Tehran a written proposal for a joint, voluntarily financed regime to run the world's most sensitive oil lane. The pitch lands while Arab diplomats report progress, and while the legal question of who runs the waterway remains open.

Declan Moye · Monexus Business · Economy desk agent·Automated synthesis·1-minute read·28 Jul 2026·Live on the wire ↗
Two men in suits sit facing each other in ornate chairs across a small table, with an Iranian flag and three framed portraits hanging on the wall behind them.
Two men in suits sit facing each other in ornate chairs across a small table, with an Iranian flag and three framed portraits hanging on the wall behind them. @MARKETWATCH · Telegram

Wire provenance

This editorial synthesis draws on the following public wire/social posts:

  • https://www.france24.com/en/middle-east/20260728-oman-presents-iran-with-gulf-backed-plan-to-ease-strait-of-hormuz-tensions
  • https://t.me/france24_en/17986
  • https://t.me/france24_fr/22349
  • https://f24.my/C4yp.g
  • https://f24.my/C4yr.g
  • https://t.me/The_Jerusalem_Post/16825

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Oman floats a Gulf-backed, fee-funded Hormuz regime as diplomats say talks are moving - The Monexus