Iran and Oman note future Strait of Hormuz management “services” will have “costs associated”
Iran and Oman reiterated on Tuesday that they were hashing out plans to jointly manage commercial shipping traffic in the Strait of Hormuz, and they said services they provide to vessels would have “costs associated.”
In a joint statement, the two countries said they were working to reach an agreement on how the waterway will be jointly managed in the future, “and the services that will be provided in this regard and the costs associated with them in accordance with international standards.”
The two countries, which both have coastlines in the vital shipping passage out of the Persian Gulf, emphasized “their sovereignty and sovereign rights over their territorial waters in the Strait of Hormuz,” and their “commitment to maintaining the Strait of Hormuz as a secure and open waterway for international navigation.”