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Oman Proposes Hormuz Fee Plan After US-Iran War
Oman proposes maritime service fees for Strait of Hormuz transit, backed by Iran but opposed by the US, as the 60-day MOU toll-free window ticks down.
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Oman proposes maritime service fees for Strait of Hormuz transit, backed by Iran but opposed by the US, as the 60-day MOU toll-free window ticks down.
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
Iran announces complete closure of the Strait of Hormuz to all vessels after US strikes, threatening global oil supplies and escalating the 2026 Iran War.
The US and Iran have largely negotiated a framework to reopen the Strait of Hormuz, ending a three-month blockade that disrupted global energy markets.