Iran and Oman to charge fees for passage through the Strait of Hormuz - AP

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The ceasefire plan allows Iran and Oman to collect funds from ships in the strait. Iran will direct the received funds to reconstruction after the suspension of US attacks.

A two-week ceasefire plan includes allowing both Iran and Oman to charge fees from ships passing through the Strait of Hormuz, the narrow mouth of the Persian Gulf, AP reported on Wednesday, citing a regional official, writes UNN.

Details

The official said Iran would use the collected funds for reconstruction. It is currently unclear what Oman will use its funds for.

The strait is in the territorial waters of both Oman and Iran. The world considered this passage an international waterway and had never paid fees before.

The official, who was directly involved in the negotiations, spoke on condition of anonymity to discuss internal deliberations.

Addition

On the night of April 8, US President Donald Trump announced a two-week suspension of attacks on Iran.

Iran and Israel, following the US, agreed to a two-week ceasefire.

Washington announced that Trump had achieved the reopening of the Strait of Hormuz. Tehran announced a possible safe passage through the Strait of Hormuz for 2 weeks.

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