Iran and Oman have been engaged in talks over a toll proposal system, allowing both countries to charge ships passing through the Strait of Hormuz.

As reported by The New York Times, Iranian officials are striving to generate revenue in the midst of the persistent closure of Strait of Hormuz which has ignited a shipping crisis since March.

The negotiations emphasized on charging service fees rather than toll. As per Iranian officials, the system would make the proposal legally defensible under international law.

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