Iran media: Iran-US agreement clarifies management rights over the Strait of Hormuz

Odaily Planet Daily News Iran's Fars News Agency, citing a source, reported that the Iran-US Memorandum of Understanding was revised in the final stage before its conclusion, "clearly and unambiguously" emphasizing Iran and Oman's exercise of management rights 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 passing vessels for related services.

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