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Iran and Oman Consider Imposing Transit Service Fees in Strait of Hormuz

Iran and Oman Consider Imposing Transit Service Fees in Strait of Hormuz
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▲ Strait of Hormuz

Iran and Oman announced on June 23 (local time) that they are jointly considering the imposition of transit service fees for the Strait of Hormuz.

In a joint statement released that day, the two countries stated, "We have agreed to continue dialogue through a joint working group under our respective foreign ministries to reach an agreement on the future management of transit in the Strait of Hormuz, the services to be provided in connection with it, and the charging of related costs in accordance with international standards."

This joint statement was issued immediately following talks between high-ranking diplomatic officials from both nations in Muscat, the capital of Oman.

Prior to this, Mohammad Bagher Ghalibaf, Speaker of the Iranian Parliament and head of the delegation for ceasefire negotiations, and Foreign Minister Abbas Araghchi, who were visiting Oman, held a meeting with Sultan Haitham bin Tariq of Oman.
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