Iran and Oman Draft Transit Agreement, Propose Charging Tolls for Ships Passing Through the Strait of Hormuz

Tensions in the Middle East have yet to ease, and the Strait of Hormuz remains under blockade. According to reports by Bloomberg and other international media, Iran is working with Oman to draft a monitoring agreement and is considering charging transit fees for vessels passing through the Strait of Hormuz. Observers are concerned that even if hostilities subside, ships may still struggle to regain freedom of navigation. On the 2nd, more than 40 countries—including the UK, France, and Germany—held an online meeting to discuss the Strait of Hormuz crisis, but no breakthrough was achieved, and the United States did not participate.
Iran’s Deputy Foreign Minister Gharibabadi, in an interview with Russia’s Sputnik News Agency, stated that the proposed fee scheme is still under review. He emphasized that the arrangement is not intended to restrict vessel passage, but rather to make navigation smoother and safer while providing better services for transiting ships. Iran also plans to institutionalize a “toll collection” system for the Strait of Hormuz, with oversight even during peacetime.
On the 2nd, over 40 countries—including the UK, France, Germany, and Japan—held a virtual meeting calling for the immediate and unconditional reopening of the Strait of Hormuz; the United States did not participate. Meanwhile, British media reported that military and shipping representatives from various countries are expected to meet next week to discuss post-war mine clearance and the feasibility of escorting vessels.
Bloomberg noted that since the outbreak of hostilities, traffic through the Strait of Hormuz has been significantly disrupted, prompting countries worldwide to seek ways to restore operations along this critical shipping route. Against this backdrop, Iran’s parallel efforts—negotiating a monitoring agreement while proposing transit fees—leave markets watching closely to see whether these measures can help gradually restore maritime traffic.
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