Iran to charge ships crossing the Strait of Hormuz after a 60-day fee-free period, raising questions over new transit costs on a key global oil and gas route.

Iran’s plan for ‘fees, not tolls’ in the Strait of Hormuz sparks legal debate over shipping costs, energy trade and international maritime law.

Iran offers free passage through the Strait of Hormuz for 60 days. Normal traffic by June 15 at 0.2% YES.

Iran has announced a 60-day waiver on fees for ships transiting the Strait of Hormuz, following a memorandum of understanding with the United States. During this negotiation…