Berlin cautions on Hormuz transit fees

German Foreign Minister Johannes Wadevool warned of the potential imposition of a transit fee system in the Strait of Hormuz after the conclusion of the war with Iran. He emphasized the importance of ensuring freedom of navigation in accordance with the law of the sea, especially given the unclear language in the memorandum of understanding between the United States and Iran. He pointed out that the stability of navigation could help bring oil prices back to their normal levels quickly, following Trump's threats to impose fees on ships passing through the strait if no agreement is reached with Iran.

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