US official: No transit fees in Iran Strait of Hormuz deal
A US official said no transit fees will be imposed in a proposed coordination agreement with Iran over the Strait of Hormuz.
Key Takeaways
AIA US official said Tuesday evening that no transit fees will be imposed for passage through the Strait of Hormuz under the coordination agreement currently being discussed regarding the waterway, which has faced restrictions due to the Iran conflict.
The US official added that Iran has made unreasonable demands, which have been rejected by both Oman and the United States.
For its part, Iran reiterated its refusal to recognize the southern route of the Strait of Hormuz.
Iran stated that it does not recognize the southern route of Hormuz, and warned that if Oman does not accept its proposal, the strait will remain closed.
Iran also proposed that Oman manage part of one of the exit routes from Hormuz, while Iran would have full control over entry.
The Joint Maritime Information Center reported that shipping activity in Hormuz saw a slight increase following a pause in airstrikes. However, commercial traffic through the Strait of Hormuz remained at low levels. Independent tracking data showed a suppression of the movement of two oil tankers in each direction.
