Iran deal allows Tehran to charge maritime service fees on Hormuz Strait transit, ministry days

Article excerpt

A newly signed Iran peace deal has triggered a dispute over tolls in the Strait of Hormuz, one of the world's most crucial shipping lanes. The U.S. insists ships will transit toll-free and that Iran must first fulfill its commitments to receive economic benefits. Iran's foreign ministry, however, claims the agreement permits it to charge "maritime service fees", a distinction that masks what amounts to the same levy. The disagreement highlights how quickly the two sides are interpreting the deal's fine print in their favor.