Iran and Oman to Charge Fee for Passage Through Strait of Hormuz
A two-week ceasefire plan includes the right for Iran and Oman to charge vessels transiting the Strait of Hormuz. This was reported by the Associated Press, citing a source.

Tanker in the Strait of Hormuz, photo by Getty Images
Iran will direct the collected funds towards reconstruction. What Oman will spend the received money on is not yet known.
The Strait lies within the territorial waters of both Oman and Iran. Previously, the international community considered this passage an international waterway and never paid duties.
Iran's Foreign Minister Abbas Araghchi spoke about the timing of the resumption of navigation in the Strait of Hormuz:
"On behalf of the Islamic Republic of Iran, I express gratitude and appreciation to my dear brothers, the Prime Minister of Pakistan, for their tireless efforts to end the war in the region.
In response to the fraternal request of Prime Minister Sharif, expressed on his Twitter, and considering the US request for negotiations based on their 15-point proposal, as well as the President's statement on accepting the general framework of the Iranian 10-point proposal as a basis for negotiations, I, on behalf of the Supreme National Security Council of Iran, declare:
If attacks on Iran are stopped, our powerful Armed Forces will cease their defensive operations. Within two weeks, safe passage through the Strait of Hormuz will become possible through coordination with the Iranian Armed Forces and with due regard for technical limitations.
The Strait of Hormuz is the only outlet for oil exports from Persian Gulf countries; it transports up to a third of liquefied natural gas and almost a quarter of the world's consumed oil.
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