Story perspectives

Iran, Oman Propose Hormuz Toll; US Rejects

7/3/2026

Summary

Iran Proposes Toll

Oman and Iran sent a June 30, 2026 proposal to U.S. to levy fees in Strait of Hormuz, based on Malacca-Singapore Straits and calling the fees voluntary safety contributions.
Iranian officials say payments must be mandatory because pre-war free-pass system will not return.
President Donald Trump called tolls unacceptable.
Secretary of State Marco Rubio said passage must stay free.
Saudi Foreign Minister Faisal bin Farhan asked why conflict should force arrangement.

Summary

Iran Proposes Toll

WTI crude oil slipped 13 cents to $70.60 per barrel as the cease-fire held.
Insurance firms have largely withdrawn coverage for vessels transiting the strait.
Numerous ships remain stranded outside the Hormuz corridor because operators fear renewed hostilities.
European diplomats stress any fee system must respect international law despite displeasure with the concept.
The 60-day cease-fire bans tolls but urges Iran and Oman to start post-conflict dialogue.

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Iran Proposes Toll

Oman and Iran sent a June 30, 2026 proposal to U.S. to levy fees in Strait of Hormuz, based on Malacca-Singapore Straits and calling the fees voluntary safety contributions.
Iranian officials say payments must be mandatory because pre-war free-pass system will not return.
President Donald Trump called tolls unacceptable.
Secretary of State Marco Rubio said passage must stay free.
Saudi Foreign Minister Faisal bin Farhan asked why conflict should force arrangement.

1 / 2