US-Iran War: US President Donald Trump announced a two-week ceasefire with Iran on Tuesday. Iran has put forward a 10-point ceasefire proposal that includes a provision allowing both Tehran and Muscat to charge transit fees on ships passing through the Strait of Hormuz.

However, Oman has contradicted Iran's demand, stating "no toll can be imposed for crossing the Strait of Hormuz."

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'No Toll For Crossing Hormuz': Oman

According to Oman's Transport Minister, Ahmed bin Mohammed Al Futaisi, the Sultanate has signed agreements that no fees will be imposed on ships crossing the Strait of Hormuz. The Minister further stressed Oman's commitment to ensuring free and safe navigation at the strategic waterway.

Strait Of Hormuz - 34-Kilometre Waterway Between Iran And Oman

The 34-kilometre strip of water between Iran and Oman has long been considered an international waterway, with neither country having levied tolls in the past. The narrow mouth of the Persian Gulf facilitates one-fifth of the world's oil trade.

Iran's 10-point ceasefire proposal included a provision allowing both Tehran and Muscat to charge transit fees on ships passing through the Strait of Hormuz. Iran said that the money collected will be used for post-war reconstruction, as the conflict has caused widespread damage to the country's defence, administrative, and civilian infrastructure.

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Iran Wants Permanent Peace Deal Allowing Tehran To Demand Fees For Crossing Hormuz

According to a report by Reuters, Iran wants a permanent peace deal in the war that began with US-Israeli strikes on February 28 to allow Tehran to demand fees for ships passing through the Strait of Hormuz.

The fee would vary depending on the type of ship, its cargo, and other prevailing conditions, Reuters quoted an Iranian official as saying.

Iran's Deputy Foreign Minister Kazem Gharibabadi said last week that Iran is drafting a protocol with Oman requiring ships to obtain permits and licences to transit the strait, emphasising that the move aims to facilitate, not restrict, shipping.

Oman said it held talks with Iran on options to ensure smooth transit, but did not say whether an agreement had been reached.