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OfficialShipping, energy & marketsTehran, Iran

Iran says ships need its permits to cross Hormuz and fees will follow the 60-day talks

Mountain Time
Local time
9:10 PM in Tehran
Where
Tehran, Iran

Iran's Supreme National Security Council ordered the Persian Gulf Strait Authority to process transit permits quickly to meet the memorandum's goals and said no fees would be charged for 60 days; Tehran said fees to cover the cost of managing the waterway would come into effect at the end of the negotiation period.

Why it matters

Washington, the Gulf states and Europe insisted on toll-free passage, so Iran's permit system and planned fees set up the main dispute of the following weeks.

Sources (2)

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