Irani Media: Iran-US Agreement Clarifies Management Rights Over 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 stage before being reached, "clearly and unambiguously" emphasizing the management rights of Iran and Oman over the Strait of Hormuz. The report stated that the latest text of the memorandum clearly stipulates that "the future management of maritime shipping services in the Strait of Hormuz" will be jointly determined by Iran and Oman. The specific use of the term "maritime shipping services" in the text implies that the United States has, in effect, acknowledged Iran's right to charge fees to passing vessels for related services.

The report indicated 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 provide services such as navigational safety, maritime security, environmental protection, and insurance, thereby deriving related revenues from the passage of commercial vessels through the Strait of Hormuz, which will be used for the country's 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)