Negotiations between Iran and Oman to reopen the Strait of Hormuz are reportedly facing challenges after both sides have yet to reach an agreement on the rate of transit fees to be imposed on merchant ships.
According to reports, Iran has proposed a fee of between 5% to 7% of the declared cargo value, while Oman has recommended a lower rate of around 3% as a solution.
US Rejects Any Transit Fee
The United States has reiterated its stance that it will not accept any form of transit fee to be paid to Iran to use the strategic trade route.
US officials also stressed that even if a temporary route is created, merchant ships will not need to obtain approval from Iran or pay any charges to pass through the Strait of Hormuz.
Previously, President Donald Trump had proposed a transit fee of 20% of the cargo value, but the proposal was withdrawn after receiving objections from allied countries.
Iran Claims US Obstructing Negotiations
Iran, on the other hand, believes that the US should not interfere in the ongoing negotiations with Oman.
Iranian local media reported that the delay in finalizing the deal was due to Washington's interference and pressure from the Trump administration. Several Iranian news agencies also accused the US of sending conflicting signals that undermined the negotiation process.
Analysts say the dispute over transit fees has the potential to delay efforts to reopen the Strait of Hormuz. For Washington, allowing Iran to impose transit fees could be seen as recognition of Tehran's control over the strategic trade route, something the United States has consistently rejected.
