Trump Announces Two-Week Ceasefire as Iran Agrees to Reopen Strait of Hormuz, Allowed to Charge Fees on Ships
April 7th, 2026It looks like Iran is allowed to continue collecting fees on ships passing through the Strait of Hormuz, which is an astonishing development.
The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transiting through the Strait of Hormuz, the narrow mouth of the Persian Gulf, a regional official said Wednesday.
The official said Iran would use the money it raised for reconstruction. It wasn’t immediately clear what Oman would use its money for.
The strait is in the territorial waters of both Oman and Iran. The world had considered the passage an international waterway and never paid tolls before.
The official, who had been directly involved in the negotiations, spoke on condition of anonymity to discuss internal deliberations.
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— Rapid Response 47 (@RapidResponse47) April 7, 2026
Via: MoneyControl:
The US-Iran ceasefire may reopen the Strait of Hormuz, but it does not restore business as usual. Instead, it resets how the world’s most critical oil route will operate, with Iran positioned to oversee who passes, and how.
Under the agreement, vessels can transit the strait for a limited period, but only in coordination with Iranian armed forces and a likely toll to Iran and Oman, according to reporting by the Associated Press and Reuters.
Iran’s position has been consistent across official statements and diplomatic proposals.
Foreign Minister Abbas Araghchi has said vessels would be allowed to pass “via coordination with Iran’s armed forces,” a formulation echoed in Tehran’s ceasefire communication.
According to AP reporting, Iran’s 10-point plan, presented as the basis for talks, explicitly calls for “controlled passage through the Strait of Hormuz in coordination with Iran’s armed forces,” framing it as a strategic gain for Tehran.
That language signals a shift from unrestricted transit to managed access.
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