A recent ceasefire between United States and Iran has reduced tensions, but new disagreements have emerged over rules in the Strait of Hormuz.
Both countries have agreed to hold further talks in Islamabad to finalise the details of the agreement. The ceasefire, which is set for two weeks, aims to prevent further conflict and bring stability to the region after recent tensions disrupted global oil supply.
One of the key outcomes of the ceasefire is that Iran has agreed to allow ships to pass safely through the Strait of Hormuz. This route is very important because a large share of the world’s oil moves through it. Keeping it open is crucial for global trade and energy supply.
However, a new issue has come up. Iran has suggested that ships passing through the strait should pay a transit fee during the ceasefire period. According to reports, this money could be used for rebuilding efforts after the conflict.
This idea has been strongly opposed by Oman, which also shares control of the waterway. Oman has clearly said that no fees can be charged for ships passing through the strait. It has pointed to international rules that allow free movement of ships through such important waterways.
Experts say this disagreement could complicate the ceasefire. Charging fees may go against global maritime laws and could create uncertainty for shipping companies and oil markets.
Even with these differences, the ceasefire is still seen as a positive step. It has already helped calm global markets and reduce fears about oil supply disruptions. However, the situation remains sensitive and depends on how the upcoming talks progress.
Also Read: Bangladesh FM in India to reset ties
