Published Jun 24, 2026, 10:24 AM ET · Updated 5 months ago · 1 source

U.S. President Donald J. Trump has said that the Iranians have communicated to the U.S. that they will not charge tolls or fees for safe commercial traffic through the Strait of Hormuz. This comes following the Omani announcement that the International Maritime Organization’s (IMO) current transit framework, known as the Traffic Separation Scheme, is no longer viable. Per the Omani release, which we will cover in more detail in coming posts, they will work with the IMO to guide ships through the strait using an amended route framework.

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Original Report

U.S. President Donald J. Trump has said that the Iranians have communicated to the U.S. that they will not charge tolls or fees for safe commercial traffic through the Strait of Hormuz. This comes following the Omani announcement that the International Maritime Organization’s (IMO) current transit framework, known as the Traffic Separation Scheme, is no longer viable. Per the Omani release, which we will cover in more detail in coming posts, they will work with the IMO to guide ships through the