New protocol of Iran-Oman ready, preparation to open Hormuz, friendly countries including India got a big sign of relief

Iran has indicated that it may soon open the Strait of Hormuz. This is the same route through which the world’s major oil trade passes. Iran had already said that it would open the way for some friendly countries. Now work in this direction has intensified. A new system is being prepared in collaboration with Oman. With this the movement of ships will be controlled.

Is a new protocol being made?

Iran is currently preparing a draft protocol. This protocol will be for monitoring ships passing through Hormuz. Iran’s Deputy Foreign Minister Kazem Gharibabadi said that the draft is being finalized. As soon as internal approval is received, formal talks will begin with Oman. After this this system can be implemented.

Will Iran and Oman work together?

Both Iran and Oman will play an important role in this plan. Both the countries will together keep an eye on the movement of ships. Its purpose is to manage the traffic in a better way. It also includes giving safe passage to ships. This system can help in maintaining smooth oil supply. This may also affect the global market.

Will this protocol impose restrictions?

Iran has made it clear that this protocol is not for imposing restrictions. Its purpose is to provide safe and orderly passage to ships. The government says that the ships passing through this route will be provided better facilities. That means it will be a system based more on security and coordination than control.

Did the rules change because of the war?

Iran says that the current situation is not normal. In case of war, the old rules cannot be applied. Therefore a new system is needed. Oman has not yet given a public statement on this. But talks are continuing. It is believed that both the countries will together prepare a new framework.

Which countries will get the benefit?

Iran has already made it clear that it will open Hormuz for five friendly countries. These include India, Russia, China, Iraq and Pakistan. Ships from these countries will be given priority. Countries like India can get huge benefits from this. This is being considered an important step especially from the point of view of oil supply.

Will all countries get permission?

Iran has also made it clear that not all countries will get permission. Ships of America, Israel and their allied countries will not be allowed to pass through this route. It is clear that this decision is completely strategic. In the coming time, its impact can be seen on both global politics and business.