Exclusive | Iran Estimates $40 Billion Windfall From Reopening Hormuz With Gulf States
Iran has pitched a plan to Gulf states to collect $40 billion in revenue by charging ships for maritime services when crossing the Strait of Hormuz. Iran and Oman are discussing future arrangements and have agreed to form a joint committee. However, Oman has stated that no transit fees will exist in any future arrangement.
What changed
Iran has formally proposed a $40 billion revenue-sharing plan for Hormuz transit fees to its Gulf neighbors.
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Iran Proposes $40 Billion Fee Plan for Strait of Hormuz Transit
confidence 80%Iran has pitched a plan to Gulf states to collect $40 billion in revenue by charging ships for maritime services when crossing the Strait of Hormuz. Iran and Oman are discussing future arrangements and have agreed to form a joint committee. However, Oman has stated that no transit fees will exist in any future arrangement.
What's confirmed:
- Iran and Oman have agreed to establish a Strait of Hormuz Committee.
- Iran and Oman are discussing the imposition of maritime service fees for ships crossing the Strait of Hormuz.
- The Qatari Prime Minister visited Oman to facilitate talks between Iran, Iraq, and Gulf states regarding Hormuz operations.
- The International Maritime Organization is starting the evacuation of 11,000 seafarers stranded in the Strait of Hormuz.
Still unconfirmed:
- Iran estimates a $40 billion windfall from reopening the Strait of Hormuz.
- Donald Trump has denied the fee scheme.
- The IRGC considers new Hormuz routes announced without Iranian coordination to be dangerous and unacceptable.