West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted
- Posted on June 8, 2026
- By Business News Today
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- 1 min read
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted
Iran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows disruptions to oil flows due to a conflict. Several tankers have recently exited the Gulf. Oil and gas flows remain restricted. Iran stated fees will depend on ship type and cargo. The US opposes these tolls.
