I don't think the money will be split 50-50, considering Iran will be running the toll extraction infrastructure and Oman's small size. It's not clear if Oman will even accept their portion of the money anyways. If it is split, it might be 75-25 instead of 50-50.
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So Iran might end up with a cool 60 billion in cash a year.
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I'm sure that Trump as the head of his "board of peace" will be more than willing to pocket Oman's share.
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God, the best way for Iran to buy Trump's complete approval would be giving the "US" (i.e. Trump) a 10% portion of the Ayatoil.
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Oman is only "small" in a relative sense. Next to the superpowers, many African or LatAm states or its largest neighbours, Iran and KSA? Sure. Otherwise, it's roughly the same size as Poland, Vietnam, Italy or Germany!

en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_area

P.S. And why exactly would they refuse?
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Oman is small in terms of population.
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