AdvertisementHere’s what we know about what Iran and Oman have now proposed for the strait:What does Oman want? The proposal would see Iran control transit lanes on its side of the strait, while Oman would control lanes running along its coast. “Oman proposed to us the creation of a route in the Strait of Hormuz, with 50 percent of it located in our territorial waters and 50 percent in Omani territorial waters. The route for ships to pass through the Strait of Hormuz could involve entering through our waters and exiting through Omani territorial waters,” Gharibabadi told state TV. AdvertisementWhile the US has accused Tehran of placing mines in the strait, Tehran has not confirmed this.