NEW DELHI: Iran is seeking greater authority over inbound commercial vessels transiting the Strait of Hormuz as negotiations with Oman continue over the reopening and management of one of the world's most strategically important maritime chokepoints.

According to reports, the ongoing discussions are focused on restoring stability and ensuring the safe passage of commercial shipping through the Strait of Hormuz, a narrow waterway that carries nearly a fifth of global oil and liquefied natural gas (LNG) exports. The talks follow weeks of heightened regional tensions that disrupted maritime traffic and raised concerns over global energy supplies.

Iran is reportedly pressing for an expanded role in regulating and monitoring inbound commercial vessels entering the Gulf through the strait. Officials argue that greater Iranian oversight would enhance maritime security and improve the management of shipping traffic in the sensitive waterway.

Oman, which has traditionally acted as a neutral mediator in regional disputes, is facilitating negotiations aimed at developing a framework acceptable to all stakeholders while ensuring uninterrupted international navigation. Diplomatic sources said discussions remain ongoing, with both sides working to address security concerns and operational arrangements for commercial shipping.

The Strait of Hormuz, located between Iran and Oman, is regarded as one of the world's most critical energy corridors. Any disruption to shipping through the passage has an immediate impact on global oil prices, freight costs and international energy markets.

Recent tensions in the Gulf had prompted several shipping companies to reroute vessels or delay transit through the strait, raising fears of supply disruptions. Energy markets have been closely monitoring developments, with governments and industry leaders urging all parties to ensure freedom of navigation and prevent further escalation.

While no final agreement has been announced, diplomatic efforts are continuing to establish a mechanism that would allow commercial shipping to resume normal operations while addressing the security concerns of regional states. Observers say the outcome of the Iran-Oman talks will be closely watched by global energy markets, shipping companies and major oil-importing nations.