• Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2019

Categories

  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Read Selective
  • World
  • Politics
  • India
  • Business
  • Entertainment
  • Lifestyle
  • Auto
  • Crypto
  • Coronavirus
  • Happiness Basket
  • Research Discoveries
  • Trending
  • World

Iran and Oman are discussing a permanent Strait of Hormuz toll

  • May 22, 2026

Iran and Oman are actively discussing a permanent security mechanism for the Strait of Hormuz. Iran is pushing to institutionalize and normalize a transit fee or toll on commercial shipping vessels navigating the narrow waterway. According to an Iranian diplomatic envoy, the proposed system is designed to secure the long-term positioning of Iran and Oman as the primary regulators of the strait, effectively transforming a temporary leverage point from the recent military conflict into a permanent sovereign right.

To formalize its grip, Iran’s newly established Persian Gulf Straits Authority began applying conditional rules and hefty transit tolls, in some cases exceeding one million dollars per vessel, while granting selective exemptions to friendly nations like Russia or China. By engaging Oman, which shares territorial jurisdiction over the Strait, Iran is seeking to build a coalition that validates these tolls under the guise of funding localized maritime security.

The US maintains an opposing view on the matter, viewing the permanent toll as a non-negotiable barrier to reaching a sustainable peace deal. Under the United Nations Convention on the Law of the Sea, international straits are governed by transit passage protocols that guarantee the uninterrupted flow of global commercial shipping, a principle the US insists must be restored without conditions.

The US has treated the removal of these tolls as a core prerequisite for reaching a peace deal. President Trump has warned international maritime firms that paying Iran’s transit fees could trigger severe economic sanctions. The US military has also enforced its own counter-blockade on Iranian ports and continues to intercept or redirect vessels to challenge Tehran’s claims of total sovereignty.

Source : https://investinglive.com/news/iran-and-oman-are-discussing-a-permanent-strait-of-hormuz-toll-20260521/

Previous Article
  • World

Inside the unraveling of U.S. diplomacy under Trump

  • May 22, 2026
View Post
Next Article
  • India
  • Trending

“Forget Past, Focus On Future”: PM Modi’s Message To Ministers At Nearly 5-Hour Meet

  • May 22, 2026
View Post
You May Also Like
View Post
  • World

Thomas Markle’s daughter Samantha claims brother ‘wants revenge,’ calls child porn accusations ‘lies’ over money

  • October 23, 2026
View Post
  • Trending
  • World

Houthis Claim Saudi Arabia Targeted Yacht With 14 Indians Near Yemen, India Probes Reports

  • October 23, 2026
View Post
  • World

S Jaishankar’s ‘Indira’ Reminder After Rahul Gandhi’s Marco Rubio Jibe

  • October 23, 2026
View Post
  • World

Top US Expert On Measles-Linked Hearing Loss: Symptoms Parents Should Not Ignore

  • October 23, 2026
View Post
  • Trending
  • World

PM Modi Receives Call From Israel PM Netanyahu, Discusses West Asia Crisis, Calls For Peace & Stability

  • October 23, 2026
View Post
  • World

US actor Tom Skerritt, star of Top Gun, Steel Magnolias and Alien, dies aged 93

  • October 23, 2026
View Post
  • World

Trump says Musk has restored access to Ukraine’s Starlink network

  • October 23, 2026
View Post
  • Trending
  • World

18 Killed, Over 300 Houses Collapse After Magnitude-7 Earthquake In Tibet

  • October 23, 2026

Recent Posts

  • Karnataka land reclaimed on paper, encroached again in reality: PAC
  • India set to enforce SIM-binding for messaging apps from 2027 to curb cyber fraud
  • Marijuana legalization linked to troubling health trend in landmark new study
  • Thomas Markle’s daughter Samantha claims brother ‘wants revenge,’ calls child porn accusations ‘lies’ over money
  • ‘Nothing Wrong In Seeking Regime Change’: Neha Bora In Delhi HC; Verdict On AISA Chief’s Plea Today
Categories
  • Auto (43)
  • Business (461)
  • Climate & Earth (16)
  • Coronavirus (17)
  • Crypto (26)
  • Entertainment (855)
  • Happiness Basket (7)
  • India (6,101)
  • Learn | Unlearn | Relearn (163)
  • Lifestyle (329)
  • Politics (95)
  • Research Discoveries (437)
  • Science & Technology (459)
  • Sports (1,012)
  • Trending (1,737)
  • Video (1)
  • World (10,005)
Read Selective

For Feedbacks, Advertisements or Any Other Concerns mail us at info@readselective.com

Pages
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Categories
  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
© 2024 Read Selective | Developed by SUGARA Technologies
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Input your search keywords and press Enter.

Go to mobile version