ABNA24 - Iran and Oman will charge fees on ships transiting the Strait of Hormuz as part of a two-week ceasefire accord mediated by Pakistan, The Associated Press reported, citing a regional official.
The official, who was directly involved in the negotiations, spoke on condition of anonymity because they were not authorised to discuss internal deliberations.The official stated that Iran plans to use the revenue for reconstruction, while it was not immediately clear how Oman would use its share. Tehran and Muscat share territorial rights over the strategic waterway.
Iran’s Supreme National Security Council (SNSC) has announced in a statement that almost all of Tehran’s war objectives have been achieved, stressing that Washington has been forced to accept a 10-point Iranian proposal that includes a permanent ceasefire, the lifting of all sanctions, and the withdrawal of American soldiers from West Asia.Iran’s Foreign Minister Seyed Abbas Araqchi has also announced, “For a period of two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran’s Armed Forces and with due consideration of technical limitations.”The Strait of Hormuz, through which roughly 20 percent of the world’s oil supply normally passes, has effectively been shut down since the onset of the war.Hundreds of ships have reportedly remained anchored nearby, while global shipping companies and oil exporters have paused operations. Oil prices are up nearly 50 percent compared with before the war, prompting numerous countries to implement fuel rationing and other energy conservation measures.
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