'No fees or tolls': How the Iran-Oman deal to reopen Strait of Hormuz will work
Iran and Oman agreed to reopen the Strait of Hormuz by directing ship traffic through designated routes, with no fees or tolls involved. The arrangement, announced by both countries and the UN's International Maritime Organization, aims to manage the strategic waterway jointly. This temporary agreement seeks to restore a ceasefire in the region and stabilize maritime transit.