Iran is seeking control over inbound shipping through the Strait of Hormuz and visibility over outbound traffic, with the right to intervene if necessary, under a temporary plan being discussed with Oman to reopen the waterway.
The proposal, reported by multiple wire services, signals that Tehran intends to retain significant operational leverage even as it moves toward restoring commercial transit.
The development comes as markets continue to price in elevated shipping risk in the region.
Brent crude remains sensitive to any signals of disruption or de-escalation in the chokepoint, which handles roughly a fifth of global oil flows.
Traders are watching closely to see whether Iran's conditions for reopening will be accepted by key maritime stakeholders or trigger further friction.
This latest move follows a series of escalations in the Strait, including exchanges of fire between Iran and the US in late June and a UN warning that reopening the waterway would not immediately end the global trade shock.