Oman and Iran map out governance of Hormuz navigation costs
TL;DR Summary
Oman and Iran announced a joint working group to study and administer navigation in the Strait of Hormuz and the costs involved, signaling possible fees for vessels even as Western powers reiterate that international waterways should not be tolled; the move comes as shipping through Hormuz remains vital to global oil flows and insurers push back on new mandates.
- Iran, Oman refuse to rule out charging ‘costs’ to cross Strait of Hormuz — and claim sovereignty over key waterway nypost.com
- Oman, the longtime US ally on the other side of the Strait of Hormuz, is talking with Iran about imposing tolls Yahoo Finance
- Iran and Oman Say They’ll Work on Pact for Hormuz Transit Costs Bloomberg.com
- Iran, Oman mull charging Strait of Hormuz 'maritime service fees' France 24
- Oman and Iran to pursue talks on managing navigation in Strait of Hormuz Reuters
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