Iran is reportedly considering a new plan to use revenue linked to the Strait of Hormuz, with an Iranian lawmaker proposing that 40% could go toward strengthening the armed forces and military infrastructure, while 60% supports public welfare. The proposal comes as tensions between Tehran and Washington remain high. Meanwhile, Iran and Oman are reportedly preparing a joint statement on the strategic waterway, potentially outlining a new passage separate from the existing southern route. Could Tehran be tightening its grip over Hormuz while reshaping the region’s trade and security landscape? Watch the latest developments.
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