Iran strikes cargo vessel in Gulf of Oman; agrees to 60-day free transit window before imposing Strait tolls
By
MeidasTouch Network, Ben Meiselas
Summary
A Thursday afternoon news update covering escalating tensions in the Gulf of Oman, where Iran has struck another cargo vessel. The update reports that Iran's Foreign Minister Araghchi and Oman's FM have agreed to a 60-day free transit window through the Strait, after which Iran plans to begin charging fees. The Wall Street Journal reports Iran is eyeing up to $40 billion annually in tolls. The piece also notes the president has no crisis-related schedule items, only a tele-rally and steak dinner.
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Key quotes
· 3 pulledIran strikes another cargo vessel in the Gulf of Oman, just as I predicted this morning, while ships turn back from the 'forbidden corridor'
Foreign Minister Araghchi and Oman's FM agree to a 60-day window of free transit through the Strait, after which Iran starts charging fees
The Wall Street Journal reports Iran is eyeing up to $40 billion a year in tolls once the dust settles
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