The US has proposed that Iran abandon its plan to impose tolls on ships passing through the Strait of Hormuz in exchange for releasing up to $100 billion of its frozen assets abroad.
According to Oxu.Az, The Wall Street Journal (WSJ) reported this citing its sources.
This week, US Special Envoy Steven Witkoff and Donald Trump's son-in-law Jared Kushner traveled to Doha for meetings mediated by Qatar. The parties discussed implementing a previous agreement to keep the Strait of Hormuz open.
After the talks, Iran's Deputy Foreign Minister Kazem Gharibabadi stated that the Strait of Hormuz is under Iran's command.
Iranian military officials warned that any vessel moving without coordination with Tehran would face an immediate and strong response.
According to WSJ, Tehran plans to charge fees for all ships transiting the strait, citing security costs. Iran estimates the scheme could bring in about $40 billion annually. However, the US and Persian Gulf states strongly oppose the initiative.
