Iran is weighing a plan to reopen the Strait of Hormuz through a voluntary fund financed by Gulf states and European countries that depend on the route.

Modeled on the Strait of Malacca system, the fund would cover navigation, environmental protection, and search-and-rescue rather than formal tolls.

Backed by Oman, the proposal offers a legal workaround since international law bars mandatory transit fees in key chokepoints. - The Telegraph