Web Story

Oman proposes fee for ships transiting Strait of Hormuz after U.S.-Iran conflict

The proposal emerges after the recent U.S.-Iran war. Oman is reported to be the initiator of the plan. The scheme would require ships to pay The proposal emerges after the recent U.S.-Iran war. Oman is reported

to be the initiator of the plan. The scheme would require ships to pay a fee when crossing the Strait of Hormuz. Iran would partner with Oman to collect the payments. Officials and diplomats familiar with the talks disclosed the details. The fee aims to generate revenue from

maritime traffic. The Strait of Hormuz is a critical chokepoint for global oil shipments. The proposal's implementation timeline remains unclear.

Continue on MetaGazette

Read the article