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Iran plans Strait of Hormuz shipping limits, seeks fees from hostile states
The proposed Iran-Oman arrangement, now under review in Iran’s parliament, is tied to expectations for reopening Hormuz and restarting energy flows after February attacks, while oil prices rose and stocks fell as the news broke.
Iran is expected to push for restrictions on US and Israeli vessels entering the Strait of Hormuz, including requiring compensation from countries it deems hostile, according to local media reports on a proposed Iran-Oman deal to manage the waterway.
The agreement is positioned as a potential pathway for reopening Hormuz and resuming energy flows that have been throttled since US and Israeli attacks on Iran in February, with the text reportedly under review in Iran’s parliament.
Details cited by Fars include a proposed ban involving cargo linked to Israel, along with a fee structure that would cover services such as insurance and environmental costs, as the discussion shifts from concessions to new demands.
Separately, Fars said Iranian naval forces struck “hostile targets” at the Strait of Hormuz entrance, and Bloomberg-linked coverage of the developments noted that oil prices climbed while stocks fell on Thursday.