Badr bin Hamad discusses potential maritime fees in Strait of Hormuz
Oman and Iran reaffirmed their commitment to freedom of navigation through the Strait of Hormuz. Meanwhile, Badr bin Hamad stated that he does not rule out the possibility of imposing maritime service fees in the strait, which is one of the most vital routes for global oil transit. He also indicated that the Strait of Hormuz would remain open without fees in the long term, while the U.S. president confirmed that fees are only imposed in a few limited cases.
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