Truce lets Iran and Oman charge fees on shipping through Strait of Hormuz — regional official

The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transiting through the Strait of Hormuz, the narrow mouth of the Persian Gulf, a regional official says.

The official says Iran will use the money it raises for reconstruction. It isn’t immediately clear what Oman will use its money for.

The strait is in the territorial waters of both Oman and Iran. The world had considered the passage an international waterway and never paid tolls before.

The official, who had been directly involved in the negotiations, speaks on condition of anonymity to discuss internal deliberations.

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