Oman has presented Iran with a proposal for a joint regional mechanism to manage the crucial Strait of Hormuz. The proposed framework would involve collaborative control of the waterway, a vital chokepoint for global oil supply. Funding for the mechanism would be sourced through voluntary contributions, details of which remain undisclosed. This initiative comes amid ongoing regional tensions and heightened concerns regarding maritime security in the Persian Gulf. Omani officials hope the proposal will foster stability and de-escalate potential conflicts. It signals a diplomatic effort to address shared security concerns through regional cooperation rather than external intervention. The Iranian response to the proposal has not yet been publicly announced.