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Iran waives Strait of Hormuz transit fees for allies

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waiver of transit fees

Web Desk: Iran has announced a partial waiver of transit fees for selected friendly countries passing through the Strait of Hormuz, as tensions in the region continue alongside firm rhetoric on diplomacy and security.

Iran’s ambassador to Russia, Kazem Jalali, said in Moscow that Tehran has decided to exempt certain friendly nations from transit fees in the strategically vital Strait of Hormuz. He added that Iranian authorities have already informed the concerned countries of the decision.

Moreover, Jalali noted that Iran’s Foreign Ministry aims to maintain this policy as part of its broader diplomatic approach toward allied states.

At the same time, Jalali addressed ongoing tensions surrounding potential negotiations with the United States. He said Iran remains open to dialogue if the opposing side shows willingness. However, he warned that Tehran stands fully prepared to respond if any party chooses the path of conflict.

Earlier, Iranian parliament Deputy Speaker Hamed Reza stated that Iran had already received its first revenue from transit fees imposed in the waterway. He said authorities deposited the amount into the central bank’s account but did not disclose details about the sources or scale of the payments, according to media reports.

The Strait of Hormuz remains one of the world’s most critical energy corridors, with a significant share of global oil shipments passing through it daily. As a result, any financial or policy shift related to the route carries global implications.

While Iran’s latest move offers economic relief to select partners, it also adds a new layer to an already sensitive geopolitical environment, where diplomacy and security concerns continue to intersect.

Read more: “I’m not rushing, Iran is” Trump slams CNN, NYT

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