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Source: Insider Insiders: Gulf Countries Expected to Push for Exemption from Strait Transit Fees

According to BlockBeats News on June 24th, sources familiar with the matter revealed that the Prime Minister of Qatar initiated relevant discussions in Muscat, the capital of Oman, on Wednesday to facilitate talks among Iran, the Gulf Cooperation Council (GCC) member states, and Iraq regarding the reopening of the Strait of Hormuz and future operational arrangements.


The sources stated that although transit fees were not officially on the agenda, Iran is expected to propose schemes such as environmental fees, navigation fees, and security fees during the negotiations. Gulf countries, on the other hand, are expected to advocate for maintaining the Strait of Hormuz free of transit fees to ensure smooth energy and trade transport in the region.


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