Oman initially signaled ships could face fees in the Strait of Hormuz, but its foreign minister ruled out tolls. Iran had proposed accepting Bitcoin.

Joint statement mentions study of payment to be charged for services provided in administration of energy route.

Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to…

Oman opens toll-free shipping routes in the Strait of Hormuz amid Iran tensions. Traffic returns to normal by June priced at 2.5% YES.

Oman endorses the US-Iran MoU on the Strait of Hormuz, rejecting transit fees for commercial vessels. Here's what it means for energy and crypto markets.

Foreign Minister Badr Al Busaidi also confirmed that Muscat supports the memorandum of understanding between the United States and Iran

Badr Albusaidi, the Foreign Minister of Oman, announced during a joint meeting of ministers from the Gulf Cooperation Council (GCC) memb ...

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…

Iran is charging Bitcoin tolls on oil tankers in the Strait of Hormuz, pushing oil prices higher and tangling crypto markets in geopolitical risk.

Oman initially signaled ships could face fees in the Strait of Hormuz, but its foreign minister ruled out tolls. Iran had proposed accepting Bitcoin.

According to the agency, the Omani authorities warned European officials that navigation in the strait would never be as it was before the war

Oman has told European officials that the Strait of Hormuz cannot simply return to the way it operated before the war, Bloomberg reports.