Iran and Oman have agreed to jointly establish a committee dedicated to managing affairs in the Strait of Hormuz, a vital global shipping lane. The agreement, reached between Tehran and Muscat, prioritizes respecting the sovereignty and rights of both nations bordering the strait. Details regarding the committee’s specific functions and operational procedures were not immediately disclosed. This initiative signals a deepening of bilateral cooperation between the two countries on maritime security. Both nations emphasized the importance of collaborative arrangements in the region. The move comes amid ongoing regional tensions and international concerns over the security of oil tanker traffic through the strait. This committee aims to address these concerns through a jointly managed framework.