DUBAI: Oman confirmed on Thursday that no transit fees would be imposed on ships using the Strait of Hormuz as part of any future managing of the waterway. Foreign Minister Badr Al-Busaidi’s comments came after his country and Iran said this week that they were discussing “costs” for maritime services in the Strait. “Future arrangements regarding the Strait do not entail the imposition of any transit fees,” Al-Busaidi told a meeting of Gulf foreign ministers in Bahrain.

TEHRAN/MUSCAT -- Iran and Oman issued a joint statement on Tuesday, saying that they are committed to ensuring the safe passage through the Strait of Hormuz, and that all…

Oman's foreign minister Badr Albusaidi has said Muscat remains committed to ensuring toll-free and safe passage through the Strait of Hormuz following discussions with senior…

Joint working group to discuss shipping navigation, associated services and costs