According to a report by Iran's Odaily Agency, citing a source familiar with the matter, the Iran-US memorandum of understanding underwent final revisions before its conclusion, "clearly and unambiguously" emphasizing Iran and Oman's administrative rights over the Strait of Hormuz. The report states that the latest text of the memorandum explicitly stipulates that the "future management of maritime shipping services in the Strait of Hormuz" will be jointly decided by Iran and Oman. The specific use of the phrase "maritime shipping services" in the text implies that the US effectively recognizes Iran's right to charge passing vessels for related services.
According to the report, the text states that Iran only agreed to grant ships a 60-day free passage period. After the 60-day period ends, Iran plans to generate revenue from commercial vessel passage through the Strait of Hormuz by providing services such as navigation safety, maritime security, environmental protection, and insurance, and will use the revenue for national economic development. Iran had previously conducted necessary coordination and consultations with Oman on this issue. The report did not provide specific details regarding the 60-day free passage period. (Xinhua)
