Oman Warns Strait of Hormuz Ships May Face New Fees After Iran War
Updated
Updated · Bloomberg · Jun 26
Oman Warns Strait of Hormuz Ships May Face New Fees After Iran War
3 articles · Updated · Bloomberg · Jun 26
Summary
Oman told European officials the Strait of Hormuz cannot return to its pre-war operating status, and ships transiting the waterway may have to pay new charges.
Those fees could cover services such as de-polluting the strait and helping vessels navigate it, according to people familiar with the discussions.
Omani officials said they would still abide by international maritime law, though it remains unclear whether any of the proposed charges would be mandatory.
The warning points to a lasting shift in conditions at one of the world's most critical oil-shipping chokepoints after the Iran war.