Foreign media: Iran seeks to charge a fee of 5% to 7% of the cargo value for vessels transiting the Strait.

According to a Reuters report on Wednesday, citing a senior Iranian source and two regional officials, the proposed Iran-Oman agreement would grant Iran control over vessels entering the Gulf through the Strait of Hormuz, which would be one of the largest concessions Iran has received to date. Iran subsequently stated that all vessels entering and exiting the Gulf would do so through Iranian waters. Regional sources indicated that there are still details to be determined regarding how "control" is defined. An Iranian source mentioned that the current draft of the agreement envisions Iran controlling vessels entering the Gulf through the strait, with one of the main disputes being what role Iran should play regarding vessels heading out. Iran's Deputy Foreign Minister then stated, "The design of this route is such that the entry and exit lanes for commercial vessels will pass through Iranian territorial waters." A senior Iranian official revealed that Iran seeks to charge a fee equivalent to 5% to 7% of the cargo value for vessels using the strait, while Oman is discussing a lower fee of around 3%, and Washington hopes for no fees at all. Keeping the fee payment nominally voluntary might be a way to break the deadlock, although under the threat of potential Iranian attacks, shipping companies may have to pay for passage.