Iran Wants Gulf Countries To Jointly Toll Hormuz, Eyes Bn Windfall: ‘Strait Won’t Be Same Again’

Iran Wants Gulf Countries To Jointly Toll Hormuz, Eyes $40Bn Windfall: ‘Strait Won’t Be Same Again’

Last Updated:June 25, 2026, 10:54 PM IST US President Donald Trump said Tehran had assured his administration that it would not impose tolls or other charges on ships using the strategic waterway. Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman’s northern Musandam Peninsula. (IMAGE: AFP) Iran…

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Will Shipping Resume Through Hormuz? Removing Mines Is Critical First Step, Says IMO Chief

Will Shipping Resume Through Hormuz? Removing Mines Is Critical First Step, Says IMO Chief

Last Updated:June 16, 2026, 01:58 IST IMO chief said that once mine-clearance operations are completed, attention will shift to the evacuation and movement of hundreds of vessels and thousands of seafarers. Vessels in the Strait of Hormuz, as seen from Musandam, Oman. The reopening of the Strait of Hormuz following the landmark US-Iran peace agreement…

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