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Oman Proposes Hormuz Toll Fee — Every Oil Tanker Bound for India Could Pay the Price
NYT > World News·Wednesday, 1 July 2026
After the recent US-Iran conflict, Oman has proposed a plan where Iran and Oman collect fees from ships passing through the Strait of Hormuz. The proposal is known to officials and diplomats with direct knowledge of the matter. The Strait is one of the world's most critical oil shipping routes.
Why It Matters
India is one of the largest importers of Gulf oil, and a toll on Hormuz shipping would raise costs that ultimately hit Indian consumers and businesses.
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