Iran announced that together with Oman it will charge a transit fee on ships passing through the Strait of Hormuz during the two-week ceasefire.

According to reports, Iran is demanding 2 million dollars per ship for safe passage through the strategic waterway, through which approximately one quarter of global maritime oil trade flows.

This move sets a new precedent in international maritime trade. Until now, the Strait of Hormuz was open for free navigation, and the introduction of tolls could have long-term consequences for global trade flows.

Despite the ceasefire announcement, tankers are still waiting at the entrance to the strait. Shipping companies remain cautious and are not fully confident in the safety of passage.

This is part of Iran's ten-point plan that, among other things, demands recognition of Iranian control over the Strait of Hormuz - a demand that Washington has not officially confirmed.