Gulf states support Iran's plan to collect voluntary fees in the Strait of Hormuz, potentially generating $40B annually and reshaping energy

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including the collection of voluntary transit fees, a report said...

By Timour Azhari and Parisa HafeziDUBAI, July 28 (Reuters) - Oman has won backing from Gulf states for a plan that would let Tehran collect voluntary fees to use the Strait of…

Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and services. Iran previously sought to control…