Iran Waives Strait of Hormuz Transit Fees for 60 Days under Islamabad MoU

Iran announces zero transit charges for vessels passing through Strait of Hormuz for two months, citing Islamabad MoU implementation.

June 19, 2026 at 4:53 PM
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TEHRAN: Iran has announced a waiver of transit fees for vessels passing through the Strait of Hormuz for a period of 60 days, in line with arrangements under the Islamabad Memorandum of Understanding (MoU).

According to reports by IRNA, the country’s Supreme National Security Council (SNSC) stated that all ships applying for passage through the strategic waterway will be exempt from transit charges during this period. It further added that the Iranian administration will assume responsibility for covering the associated costs.

In its statement, the SNSC directed the Gulf Strait Authority to prioritise and expedite all transit applications in order to facilitate smooth implementation of the MoU and ensure uninterrupted maritime movement through the route.

The council also highlighted that, given the sensitive security environment and certain navigational risks in the area, vessels must strictly follow designated routes and assigned schedules. These measures, it said, are intended to enhance maritime safety, minimise the risk of accidents, and gradually improve traffic flow through the strait.

The Strait of Hormuz remains one of the world’s most critical maritime chokepoints, handling a significant share of global oil and gas shipments, making any regulatory or fee adjustments closely watched by international markets.

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