Oman pushes plan to let Iran collect ‘voluntary’ fees to pass through Strait of Hormuz
Oman is championing a new plan for the Strait of Hormuz that would permit Iran to receive “voluntary” fees from ships traveling through the critical oil chokepoint. The plan, Reuters reported, takes inspiration from the Strait of Malacca in Asia, where Malaysia, Indonesia, and Singapore collect optional fees from ships to cover environmental, search-and-rescue, and other expenses that come with managing the waterway.
Reported by 1 outlet — New York Post. See all sources ↓
Oman is championing a new plan for the Strait of Hormuz that would permit Iran to receive “voluntary” fees from ships traveling through the critical oil chokepoint. The plan, Reuters reported, takes inspiration from the Strait of Malacca in Asia, where Malaysia, Indonesia, and Singapore collect optional fees from ships to cover environmental, search-and-rescue, and other expenses that come with managing the waterway. Oman, which sits on the opposite side of the southern entrance of the strait from Iran, previously alluded to its interest in working with Tehran on some sort of fee structure. Iran Foreign Minister Abbas Araqchi discussed the proposal Monday with his counterparts in Oman and Saudi Arabia, per the wire service.
Read the full report at New York Post ↗
Why it matters
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- What's the story?
- Oman is championing a new plan for the Strait of Hormuz that would permit Iran to receive “voluntary” fees from ships traveling through the critical oil chokepoint. The plan, Reuters reported, takes inspiration from the Strait of Malacca in Asia, where Malaysia, Indonesia, and Singapore collect optional fees from ships to cover environmental, search-and-rescue, and other expenses that come with managing the waterway.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 7m ago.
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Oman pushes plan to let Iran collect ‘voluntary’ fees to pass through Strait of Hormuz
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