Iran and Oman will charge ships for passage through the Strait of Hormuz, the Associated Press reports, citing a source in the region.
The agency's source assured that Iran will use the collected funds to rebuild the country's infrastructure after the US-Israeli strikes.
It is still unclear how Oman will spend its funds, the AP notes.
This step is part of a proposed two-week ceasefire agreement between Iran and the US. A fixed fee of $2 million per ship is reported for passage.
The strait falls within the territorial waters of both countries, which are currently drafting a joint protocol for traffic regulation and toll collection.
This move directly challenges the International Law of the Sea (UNCLOS), according to which international straits are free to pass and are not subject to transit fees.
Although the plan is being finalized, Iran has already been collecting fees on an ad hoc basis since early March 2026 to ensure "safe passage". Currently, passage is allowed as a priority for ships carrying essential goods and those from friendly countries (Russia, China, India, etc.)