Iran charges Hormuz feesAugust 31
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The Israeli website Ynet wrote in an analytical note that the Islamic Republic's plan to charge commercial ships in the Strait of Hormuz is more a reflection of the increasing financial pressure on the government due to sanctions, war and disruptions in trade than a sign of power. According to the plan, which has not yet been approved by the Islamic Republic's parliament, Tehran could charge ships from authorized countries for services such as navigation, safety, insurance and fueling. The amount of these fees and the mechanism for their implementation have not yet been announced. The note says that the collapse of the rial, inflation, the difficulty of selling oil and pressure on financial networks linked to the Revolutionary Guard Corps have limited the Islamic Republic's sources of income, and Tehran is seeking to earn money from one of the world's most important energy transport routes. The author also argued that implementing such a plan could increase shipping and insurance costs and put further strain on Tehran's relations with the Persian Gulf countries and major oil importers in Asia. According to Ynet, the effort to collect these costs shows that the Islamic Republic's economic options have become more limited.
Iranian Foreign Ministry: We are not discussing imposing transit fees on the Strait of Hormuz at this stage. Iranian Foreign Ministry Spokesman Ismail Baghaei: We are not discussing imposing fees on ships transiting the Strait of Hormuz at this stage. We have agreed with Oman on a transit map for the Strait of Hormuz and are discussing some technical points with them. The issue of mine clearance is between us and Oman, as we are two littoral states of the Strait of Hormuz. The negotiations with the Sultanate of Oman aim to determine the navigation route in the Strait of Hormuz. We will implement mechanisms to monitor navigation in the Strait of Hormuz and provide services, and it is natural to collect fees. The route we are discussing with Oman in the Strait of Hormuz is temporary and will replace the two southern routes. The northern route The southern route in the Strait of Hormuz is illegal, unsafe, and violates the Memorandum of Understanding #From_the_Event
Iranian Foreign Ministry: We are not discussing imposing transit fees through the Strait of Hormuz at this stage. ====== Iranian Foreign Ministry Spokesman Ismail Baghaei: We are not discussing imposing fees on ships transiting the Strait of Hormuz at this stage. We have agreed with Oman on a transit map for the Strait of Hormuz and are discussing some technical points with them. The issue of mine removal is between us and Oman, as we are two littoral states of the Strait of Hormuz. The negotiations with the Sultanate of Oman aim to determine the navigation route in the Strait of Hormuz. We will implement mechanisms to monitor navigation in the Strait of Hormuz and provide services, and it is natural to collect fees. The route we are discussing with Oman in the Strait of Hormuz is temporary and will replace the southern and northern routes. The southern route in the Strait Hormuz is illegal, unsafe, and violates the Memorandum of Understanding. From Arabic
Meeting of the Spokesperson of the Ministry of Foreign Affairs with the media, Monday, August 10, 1405, Question 9: In the negotiations between Iran and the Omani side regarding the new route through the Strait of Hormuz, has the issue of receiving transit fees been raised? And if it has been raised, will these fees be divided between the two countries or will they be solely allocated to Iran? Answer to Question 9: We are not discussing such details at this stage. Let me also inform you that discussions are still ongoing. I had previously said that an understanding has been reached regarding the traffic map. Regarding the joint statement, there are still some technical points that are being discussed, but the negotiations are proceeding very smoothly and constructively. We are not discussing these details now. What is clear is that mechanisms will be established to monitor safe shipping traffic through the Strait of Hormuz, and to take necessary measures on environmental issues, cooperation in providing maritime services, and combating crime. As a rule, when you provide maritime services, you must receive compensation for it. @MFAIran
No fees will be paid to Tehran within 60 days... Interactive map of ship transit routes through the Strait of Hormuz if Oman and Iran reach an agreement
Following the breakthrough in the Hormuz stalemate, a high-ranking source told Al Arabiya: A proposed 60-day agreement would allow navigation to resume without transit fees, and includes mine clearance and the allocation of waterways between Iran and Oman.
Fars News Agency: Ships transiting the Strait of Hormuz will be required to pay for insurance, refueling, and environmental fees.
Iran: Fars News Agency, quoting an informed source: Ships in the Strait of Hormuz are required to pay for insurance, refueling, environmental fees, and the like.
Iran and Oman are close to finalizing a deal on shipping through the Strait of Hormuz, according to officials, as both Iran and the U.S. signaled a deal would be announced soon. • • Shipping through the strait will face “no fees or tolls” under a temporary deal agreed between Iran and Oman, an Iranian government official linked with the agreement told MS NOW. • • More details:
The Iranian Foreign Ministry reveals some details of the "Hormuz Agreement": 1. Iran will close the northern and southern maritime routes. 2. A temporary shipping lane will be established in the region for a period of two to four months, during which most maritime traffic will pass through Iranian territorial waters. 3. Negotiations must take place during this period regarding the second phase of the "Hormuz Agreement," which includes discussions on maritime fees. 4. The full reopening of the Strait of Hormuz depends on the United States lifting the naval blockade and energy sanctions, and unfreezing Iranian assets.
According to sources, Iran and Oman were finalizing a draft agreement on Wednesday aimed at reopening the Strait of Hormuz. Under the draft, Tehran would have the right to monitor vessels entering the Persian Gulf but would be prohibited from charging tolls or service fees.
Has a Straits of Hormuz agreement been reached? Iran will not charge passage fees and has the right to monitor ships entering the strait.
Following the draft agreement between Oman and Iran, navigation in the Strait of Hormuz will be regulated for 60 days without fees, and mine removal will begin within 30 days.
Iran and Oman have agreed on a plan to open the Strait of Hormuz, The Wall Street Journal reports. The opening envisages the creation of separate routes for incoming and outgoing ships, and does not imply Iran imposing fees or duties on the passage of ships. At the same time, the agreement will give Tehran control over the ships. According to the WSJ, the draft agreement was submitted to the United States, Middle Eastern countries, and Iran's top leadership for approval. The agreement is expected to be valid for 60 days and could pave the way for the resumption of talks between Washington and Tehran on Iran's nuclear program and possible sanctions relief, the publication reports. On August 2, Iran denied Donald Trump's statement that Tehran agreed to open the Strait of Hormuz. More IZ RU news in MAX
Gharibabadi, Deputy Foreign Minister of #Iran: The memorandum of understanding stipulated that Iran would not receive any fees in the Strait of Hormuz within 60 days of signing. This issue also depends entirely on the second phase and the decision of the highest authorities of the regime and whether or not the strait will be opened.
New from @CBSNews: Strait of Hormuz deal does not foresee transit fees for ships, sources say. The Iranian-Omani proposal – that is currently under negotiation – to reopen the Strait of Hormuz would have no tolls or service fees for ships transiting the waterway, sources told CBS News. • Under the proposal which Iran and Oman have been negotiating for several days, ships entering the strait would use the route closest to Iran, under Tehran's coordination, sources said. To exit, ships would use the route closest to Oman, coordinated by Muscat. • That proposal would also exclude tolls or service fees to transit the vital waterway, a major sticking point in the various talks held between the U.S., Iran and mediators. • If approved, the U.S and Iran would return to the negotiating table under terms set out in the memorandum of understanding in June, according to the sources, which calls for a 60-day period of free transit through the strait for 60 days. •
What does the agreement being formed between Iran and Oman include, according to 2 diplomats? • This is a temporary agreement for 60 days • Entry into the Straits: via the Iranian side • Exit from the Straits: via the Omani side, but in coordination with Iran • During the 60 days: Mines will be cleared from the middle part of the Straits (most mines on the Omani side). • Regarding fees: There will certainly not be mandatory fees on ships as Iran wanted. The question is whether there will be a possibility of "insurance, environmental quality fees" that ships can pay *voluntarily* (but it is clear that Iran will make it very clear to everyone that it is very worthwhile for them to pay). • During the 60 days - we return to the discussion about the nuclear program and a permanent solution to the Straits. • The bottom line: If the agreement is accepted - Iran will have much greater control over the Straits than before the war
A US official told Reuters: The agreement under consideration regarding the Strait of Hormuz and the post-Iran war is focused solely on coordinating passage through this waterway and will not include any tolls or fees for ships to pass through.
Iran war deal to have no fees, no tolls for passage through Strait of Hormuz, US official says
#Breaking | Reuters, quoting a US official: Iran is exaggerating its demands regarding the Strait of Hormuz, demands rejected by Oman, Washington, and the international community.
The agreement currently under discussion concerning the Strait of Hormuz pertains to coordination and does not involve transit fees or other charges.
Where does the news lean?
87YES40NO24neutraltrailing 24h
Average match confidence across the listed signals: 93%.
What would make this resolve YES?
This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.”
A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify.
A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify).
Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria:
1) An official announcement from the Iranian government that such a fee is being, or will be, implemented.
2) A consensus of credible reporting that collection of the fee has begun.
Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify.
The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.
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