Fars News Agency, citing an informed source, reported that an Iran-U.S. memorandum grants ships a 60-day period of free passage through the Strait of Hormuz.
According to NS3.AI, the report said the latest text would place future management of maritime shipping services under joint Iran-Oman decision-making.
Fars also said the wording implies U.S. acknowledgment of Iran’s right to charge fees for related services.
Iran-U.S. Memorandum Reportedly Sets 60-Day Free Passage for Ships Through Strait of Hormuz
2026-06-15 10:25:31
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