Iran to charge ships for passage through Strait of Hormuz during ceasefire
The two-week ceasefire allows both Iran and Oman to collect fees from ships transiting through the Strait of Hormuz, a narrow passage in the Persian Gulf.
This was reported by the Associated Press, citing a regional official.
According to the official, Iran plans to use the collected funds for reconstruction, while the purpose of Oman’s funds is currently unknown.
The strait is located in the territorial waters of both countries – Oman and Iran. Previously, the world considered this passage as an international waterway and did not pay any transit fees.
At the same time, the American side believes that the United States has won a “complete and undeniable victory” after reaching an agreement on a two-week truce with Iran. President Donald Trump told reporters during a telephone conversation. The US leader expressed optimism about the truce with Iran, despite the fact that Tehran also described it as its own victory.
As a reminder, on April 8, the price of oil fell below $100 per barrel after US President Donald Trump announced an agreement with Iran on a two-day ceasefire, provided that the Strait of Hormuz is immediately and safely reopened.
Read also
Black Sea & Danube: Crop and Export Forecast
Ukraine reduces wheat flour exports and increases its imports
Poland Rapeseed Market Enters a Phase of Feedstock Deficit and Rising Competition
Turkish Ports Added to UkrAgroConsult LineUp Reports
Crude oil prices plunge after Trump announces two-week truce with Iran
Write to us
Our manager will contact you soon