Hormuz Transit Fee Plan: Iran and Oman’s Bold Move Sparks Global Concern Amid Ceasefire
Introduction: Hormuz Transit Fee Plan A new clause in the recent ceasefire agreement has brought global attention to a controversial development—the Hormuz Transit Fee Plan proposed by Iran and Oman. Under the two-week ceasefire arrangement, both nations may impose transit fees on ships passing through the strategically vital Strait of Hormuz—raising both economic hopes and…