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Iranian Media: Iran-US Agreement Clarifies Control Over the Strait of Hormuz

2026-06-15 10:07

Odaily reported that Iran's Fars News Agency, citing an informed source, reported that the Iran-US Memorandum of Understanding was revised in the final stage before being reached, "clearly and unambiguously" emphasizing Iran and Oman's exercise of control over the Strait of Hormuz. According to the report, the latest text of the memorandum explicitly states that the "future management of maritime shipping services in the Strait of Hormuz" will be jointly decided by Iran and Oman. The specific use of the term "maritime shipping services" in the text implies that the United States effectively acknowledges Iran's right to charge fees to vessels passing through for related services.

The report stated that according to the text, Iran has only agreed to grant ships a 60-day free passage period. After the 60-day period expires, Iran plans to obtain related revenue from the passage of commercial vessels through the Strait of Hormuz by providing services such as navigation safety, maritime security, environmental protection, and insurance, and use these funds for national economic development. Iran has previously conducted necessary coordination and consultations with Oman on this issue. The report did not provide a specific explanation for the 60-day free passage period. (Xinhua News Agency)