Iran waives Strait of Hormuz transit fees for 60 days (opens original article in a new tab)

Iran has announced a 60-day suspension of transit fees for ships passing through the Strait of Hormuz, according to the Islamabad Memorandum of Understanding.

• Iran announces 60-day waiver of Strait of Hormuz transit fees
• Strait of Hormuz passage fees are suspended under Islamabad Memorandum of Understanding
• Tehran's Supreme National Security Council made the announcement