US stresses law against fees on international waterways
The United States has asserted that international law prohibits imposing fees on crossings of global waterways. The US Secretary of State confirmed that Iran will not be able to charge fees for passing through the Strait of Hormuz under any agreement with Washington. Nevertheless, tracking data shows an increase in oil movement through the strait to its highest levels since the start of the war in February, with approximately 20 million barrels passing through over a few days and 35 cargo ships on Monday, marking a record high since the conflict began. The uncertainty surrounding the outcomes of Washington and Tehran's negotiations continues to keep the current risks to navigation in the strait elevated.
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