Qalibaf Calls Memo a US Loss and Plans Strait Tariffs

The head of the Iranian Parliament's Islamic Consultative Assembly, Mohammad Baqer Qalibaf, considered the memorandum of understanding that is to be signed with the United States as related to the passage of ships through the Strait of Hormuz, and regarded it as a defeat for Washington. The memorandum states that Iran will allow ships to pass without fees for 60 days; afterward, it will impose charges for the services of the strait, which Iran has effectively controlled since the beginning of the war, affecting the global economy. The agreement is scheduled to be signed in Switzerland in the presence of the U.S. Vice President.

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