Iran and US-allied Oman are moving forward with plans to collect payment for ships transiting the Strait of Hormuz, despite public American objections, according to NYT citing sources
- Oman recently delivered a formal proposal to the United States and other Western allies that outlined a plan in which shipping companies would pay service fees to use the strait, according to the Iranian official and a regional diplomat.
- A person familiar with the U.S. position confirmed that American negotiators had received the Omani proposal and said that they had concerns that they intended to discuss with Omani officials.
- Oman’s proposal is partly modeled on arrangements in the Straits of Malacca and Singapore, an Asian waterway where a private foundation collects voluntary contributions for safe navigation, the regional diplomat said.
- Any fees in the Strait of Hormuz would be voluntary, the diplomat said. The Iranian official, however, said that the payments would be obligatory.
#GEOPOLITICAL#IMPORTANT#ENERGY#EU SESSION#US SESSION#WTI#COMMODITIES