SECURITYAL-MONITOR
Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted
The Strait of Hormuz will remain open under new conditions set by Iran and Oman, including a transit fee, according to Iran's ambassador to Moscow. The U.S.-Israeli war on Iran has disrupted oil flows through the strait, though some tankers have recently exited the Gulf, with oil and LNG flows still significantly constrained.
Mentioned
Related Signal
Adjacent reporting
- Oil Rises as Strait of Hormuz Remains Blocked
- Strait of Hormuz shipping traffic is effectively at a standstill despite Iran ceasefire
- UAE Oil Boss Says Hormuz Still Shut With Iran Restricting Access
- Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open
- Hormuz Traffic Still Blocked as Only Iran-Linked Ships Cross
- Iran: Strait of Hormuz open with restrictions