US Vice President: The Strait of Hormuz will be free to navigate.
The US confidently asserts that the Strait of Hormuz will remain free to navigate despite Oman's proposal to charge a service fee. Meanwhile, Iran claims to have achieved significant oil revenues after the maritime standoff was resolved.
According to the TASS news agency.On July 1st, US Vice President JD Vance expressed confidence that no fees would be imposed on ships passing through the Strait of Hormuz. This statement came amid concerns that this vital shipping lane could be commercialized through service fees.
"I am absolutely confident that the Strait of Hormuz will be free to navigation and free from additional fees," the US Vice President affirmed in an interview with journalist Michael Knowles.
According to Vance, Washington currently "still holds considerable leverage" over Tehran. The politician emphasized that the US's regulatory tools are strong enough to ensure that the situation surrounding Iran will "be resolved in a way that benefits US objectives."
Previously, The New York Times reported that Oman had submitted a formal proposal to the United States and Western countries to charge fees to ships passing through the Strait of Hormuz. According to this source, Oman's plan would involve imposing service fees directly on shipping companies using this route.
On the Iranian side, the Tehran government announced positive economic figures. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that the country has successfully exported more than 40 million barrels of oil to international markets since the US completely lifted its maritime blockade.
Speaking on Iranian state television, Mohammad Bagher Ghalibaf emphasized: "After the lifting of the maritime blockade, the enemy has had to back down. The shipping lanes for Iranian commercial ships and oil tankers through the Gulf of Oman and the Strait of Hormuz have been reopened. Since the blockade was lifted, more than 40 million barrels of oil have been exported."
Beyond just export volume, Iran's energy trade value has also seen a significant increase. Following the temporary suspension of US sanctions on Iranian oil and oil products, the country has been able to sell energy at prices 20% higher than before the conflict with the US.
The Speaker of the Iranian Parliament declared: "Some have argued that lifting sanctions is just an empty promise, impossible to achieve. However, the sanctions have now been lifted. Iranian oil is selling for 20% more, and this revenue is continuously flowing into our accounts."
