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Iranian media: Iran-U.S. agreement clarifies control over the Strait of Hormuz
Svmuu News: Iran's Fars News Agency reported, citing a source familiar with the matter, that the Iran-U.S. Memorandum of Understanding (MOU) was amended in the final stages before its conclusion to "clearly and unambiguously" emphasize that Iran and Oman exercise management authority over the Strait of Hormuz. The report stated that the latest version of the memorandum explicitly stipulates that “the future management of maritime shipping services in the Strait of Hormuz” will be jointly determined by Iran and Oman. The specific use of the term “maritime shipping services” in the text implies that the United States effectively acknowledges Iran’s right to charge passing vessels for such services. According to the report, based on the text, Iran has agreed to grant vessels only a 60-day period of free passage. After the 60-day period ends, Iran plans to generate revenue from commercial vessels transiting the Strait of Hormuz by providing services such as navigation safety, maritime security, environmental protection, and insurance, and to use these funds for national economic development. Iran has previously conducted the necessary coordination and consultations with Oman on this matter. The report did not provide specific details regarding the 60-day free passage period. (Xinhua News Agency)
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