Iran, Oman reported to be allowed to charge for Strait of Hormuz passage

Iran and Oman will be allowed to charge fees on ships transiting through the Strait of Hormuz as part of a two-week ceasefire deal mediated by Pakistan, the Associated Press (AP) news agency is reporting.

AP cited an unnamed regional official as saying that Iran would use the money it raised for reconstruction. It was not immediately clear what Oman would use its money for, the AP added.

The official, who had been directly involved in the negotiations, spoke on condition of anonymity with AP as they were not authorised to discuss internal deliberations.

Iran and Oman share territorial rights over The Strait of Hormuz