Iran and Oman agree on Strait of Hormuz passage fee
The Iranian Fars Agency confirmed that negotiations with Oman have led to an agreement on a mechanism to regulate navigation through the Strait of Hormuz. The plan involves ships entering via the northern passage near the Iranian coasts and exiting through the southern passage adjacent to Omani shores. After a specified period, both passages will cease to operate, and navigation will then be conducted through a central passage under joint Iranian-Omani management. Fees for ships will be determined based on a financial compensation model that considers the type of services provided, such as insurance and fueling. There is also clarification that no disagreements exist regarding the fee percentages.
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