Fees on vessels remain major sticking point

An agreement could restore shipping through crucial waterway, paving way for peace talks between Tehran and Washington.

Iran and Oman agreed on shipping route characteristics in the Strait of Hormuz. U.S. charges for Hormuz fees by August 31, 2026 at 1.9% YES.

Iran and Oman near a shipping deal for the Strait of Hormuz. Agreement by August 31 at 65.5% YES.