Hormuz Strait service fees on table as Iran-Oman talks advance
Synopsis
Key Takeaways
Iranian foreign ministry spokesman Esmaeil Baghaei said on Monday, 10 August that fees should be charged for maritime services rendered in the Strait of Hormuz, as negotiations between Iran and Oman over a new shipping route in the strategic waterway continued to progress. The remarks came during Baghaei's weekly press conference in Tehran.
What Baghaei Said
'Generally, when you provide maritime services, you must be reimbursed for them,' Baghaei stated, while clarifying that the specific financial details were not yet on the table. 'At this stage, we do not discuss such details,' he added, noting that 'certain technical points' would be taken up as talks progressed.
He described the Iran-Oman negotiations as proceeding 'smoothly and constructively,' saying mechanisms would be established to ensure safe shipping, address environmental concerns, provide maritime services, and combat crime in the strait.
The Proposed New Route
Under a potential agreement being negotiated, the existing northern and southern routes through the strait would be replaced by a single intermediate route, Baghaei said. He noted the new route would serve as a temporary measure until Iran and Oman finalise a new traffic separation scheme. Iranian Foreign Minister Seyed Abbas Araghchi said on Saturday that the two sides were 'very close' to an agreement on designating such a temporary route, according to Iran's official news agency.
Iran's Conditions for Reopening
Baghaei attributed the closure of the Strait of Hormuz to what he described as US and Israeli 'military aggression' against Iran, stating that its reopening depended on the elimination of conditions imposed on the country. He reiterated that Iran is not in direct negotiations with the United States, though the two countries continue to exchange messages through mediators.
Trump's Remarks and the US Angle
US President Donald Trump said on Sunday that 'we are only semi-negotiating' with Iran, signalling a preference for sustained economic pressure over military action. 'We are low-keying it,' Trump reportedly told a news outlet during a brief phone call, arguing that Iran 'is in very bad shape' economically. Separately, reports indicated that a three-way agreement governing Hormuz traffic — involving Iran, Oman, and the United States — had been 'pending for a few days.'
Why the Strait Matters
The Strait of Hormuz is one of the world's most critical oil transit chokepoints, with roughly 20% of global petroleum trade passing through it. Any disruption — or new fee structure — carries direct implications for global energy markets, shipping costs, and regional geopolitics. The ongoing Iran-Oman dialogue represents one of the few active diplomatic channels in a period of heightened US-Iran tension.