NDTV·1 min read·medium
Oman Pitches Malacca-Style Plan To End Iran's Sole Grip On Hormuz: Report
✦AI Summary
Oman has proposed a new management plan for the Strait of Hormuz modeled after the Strait of Malacca. The plan aims to diversify funding for navigation and environmental protection to reduce Iran's exclusive control.
The proposal is based on the Strait of Malacca, where those who use the strait voluntarily contribute to fund navigation, environmental protection and search and rescue.
worldeconomy
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