Iran Plans New Transit Fees for Strait of Hormuz Ships
Iran's envoy to Moscow says the Strait of Hormuz will stay open under new conditions including transit fees. The U.S. remains opposed to any shipping tolls.
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Iran and Oman are considering the imposition of transit fees on vessels passing through the Strait of Hormuz. The proposal follows a conflict involving the United States and Israel that has severely constrained oil flows through a waterway that previously handled one-fifth of global supply. Iranian Ambassador Kazem Jalali stated that while the strait will remain open, new conditions for passage are being determined.
