Iran, Oman Discuss Strait of Hormuz Transit Fee Framework
JH Kim
Summary
- Iran and Oman are discussing a navigation management system for the Strait of Hormuz.
- The two countries are weighing a joint navigation management framework covering maritime services and related fees in the Strait of Hormuz.
- The two countries reaffirmed sovereignty over their territorial waters and agreed to maintain the safety and openness of the Strait of Hormuz as part of commitments included in a recent agreement between the US and Iran.
Forecast Trend Report by Period
Iran and Oman are discussing a navigation management system for the Strait of Hormuz.
Walter Bloomberg reported on June 23 that the two countries are weighing a joint framework covering maritime services in the strait and related fees.
The two sides also reaffirmed sovereignty over their territorial waters and said they would maintain the safety and openness of the Strait of Hormuz.
The talks are part of commitments included in a recent agreement between the US and Iran.
JH Kim
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