00:00Iran and Oman are reportedly discussing new operating arrangements for the Strait of Hormuz
00:05that could include transit fees for vessels using the waterway.
00:09Iran's ambassador to Moscow, Kazem Jalali, says both countries would provide navigation services
00:15and charge fees for ships passing through.
00:21Tehran argues that any permanent peace agreement should give Iran the right to collect transit fees
00:26from ships passing through the route.
00:27According to Iranian officials, the charges would depend on the type of vessel,
00:31the cargo being transported, and prevailing conditions in the region.
00:35U.S. President Donald Trump has strongly opposed the proposal
00:38and warned against any move that could disrupt global shipping.
00:42In late May, the U.S. warned Oman against supporting any Iranian effort
00:45to impose transit tolls on vessels using the Strait.
00:49U.S. Treasury Secretary Scott Besson later said Oman's ambassador had assured Washington
00:53that no plans were in place to introduce such tolls.
00:57It's a new day at the Fed.
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