
Iran has stated that it will demand service fees from ships passing through the Strait of Hormuz, in exchange for security and other maritime services, avoiding the terminology of "transit fees."
Iran's Deputy Foreign Minister Kazem Gharibabadi said Thursday that his country "is not seeking to collect tolls, transit taxes or payments for transit rights." Instead, Tehran is seeking compensation for the services it provides with Oman.
"The services include navigation assistance, search and rescue, security services and environmental cleanup services in case of pollution ," Gharibabadi said in an interview with the semi-official Iranian media outlet Mehr.
The official stressed that the strategic waterway "lies entirely within the territorial waters of Iran and Oman," adding that both governments exercise sovereignty over the strait "in accordance with international law and the law of the sea."
The agreements being drafted will be in line with international law, but Gharibabadi acknowledged that "they will not be 100% satisfactory for some countries."
The Strait of Hormuz is one of the world's most important maritime crossings, through which nearly 20% of the global crude oil market transits. Any change in the transit regime in this area has the potential to significantly impact energy prices and the security of international trade.
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