An adviser to Iran's supreme leader told CNN that Iran and Oman have sovereignty over the Strait of Hormuz and will jointly manage the waterway, which previously handled about one-fifth of global oil and LNG shipments. He resisted calling proposed ch

2026-06-06

An adviser to Iran's supreme leader told CNN that Iran and Oman have sovereignty over the Strait of Hormuz and will jointly manage the waterway, which previously handled about one-fifth of global oil and LNG shipments. He resisted calling proposed charges 'transit fees', saying Iran would impose maintenance fees to cover management costs rather than bear them alone.