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Home » Iran, Oman near deal to reopen Strait of Hormuz with both countries collecting ‘service fee’: report
Iran, Oman near deal to reopen Strait of Hormuz with both countries collecting ‘service fee’: report
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Iran, Oman near deal to reopen Strait of Hormuz with both countries collecting ‘service fee’: report

News RoomBy News RoomAugust 4, 20261 ViewsNo Comments

Iran and Oman are close to an agreement to fully reopen the Strait of Hormuz to shipping traffic that would see both countries collect a so-called “service fee” to cover environmental and security costs.

The New York Times reported late Monday, citing Iranian and US officials familiar with the developing accord, that ships entering the strait from the Indian Ocean via the Gulf of Oman would be required to take a route through Iranian territorial waters. Vessels exiting the strait from the Persian Gulf would take a route near Oman’s coast along the south side of the strait.

Iran’s Foreign Ministry confirmed ongoing talks with Oman to establish what it called a “temporary” shipping route through the waterway, through which around one-fifth of the world’s seaborne oil traveled in peacetime.

Saeed Ajorlu, a member of Tehran’s negotiating committee, told state broadcaster IRIB that such an arrangement would be in effect for one to three months “where Iran is dominant.”

“We assert that the legal regime for passage through the Strait of Hormuz must not return to its pre-war state,” said Ajorlu, referring to when no state controlled the waterway.

However, a US official told the Times that Iran’s description of the would-be agreement was “not accurate,” insisting that no tolls would be collected and Tehran would have no say over which ships could traverse the strait or what route would be used.

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