A tanker traveling off the coast of Oman in the Strait of Hormuz caught on fire early Tuesday morning after being struck by a projectile, the British military said.
The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast.
Any monetization of the strait would be a dramatic change from the situation before the war, when cargo ships transited the waterway without paying any fee.
Under the proposal, Iran and Oman would collect payment for ships passing through the Strait of Hormuz, according to officials and diplomats with knowledge of the matter.