Iranian Media: Iran-US Agreement Clarifies Management Rights of the Strait of Hormuz

Odaily Planet Daily News: Iran's Fars News Agency, citing a source familiar with the matter, reported that the Iran-US Memorandum of Understanding was revised in its final stages before conclusion, "clearly and unambiguously" emphasizing Iran and Oman's right to manage the Strait of Hormuz. The report stated that the latest text of the memorandum explicitly stipulates 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 ships for related services.

According to the report's content, Iran has only agreed to grant a 60-day free passage period for vessels. After the 60-day period expires, Iran plans to provide services such as navigational safety, maritime security, as well as environmental protection and insurance, thereby generating revenue from the transit of commercial vessels through the Strait of Hormuz and utilizing 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 regarding the 60-day free passage period. (Xinhua News Agency)