Iran and Oman Establish Joint Working Group to Discuss Strait of Hormuz Toll System This Week

According to a joint statement released this week, Iran and Oman discussed establishing a toll and management system for the Strait of Hormuz and announced plans to form a joint working group to finalize maritime management protocols. The statement emphasized the two countries' sovereignty over the strait's waters and indicated future shipping fees would be determined according to international standards.

The development contrasts with U.S. President Donald Trump's recent assurances that no fees would be imposed during a 60-day ceasefire period or after. Lloyd's List, a London-based shipping intelligence firm, assessed that while free passage currently continues under the ceasefire, the likelihood of toll implementation after the truce ends is significant.