Iran to Offer Special Concessions for Hormuz Transit Fees to China

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Iran to Offer Special Concessions for Hormuz Transit Fees to China

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Iran has indicated that it will grant China “special concessions” on transit fees for ships utilizing the Strait of Hormuz, a move announced by Iran’s ambassador to Beijing, Abdolreza Rahmani Fazli, on July 4, 2026. This preferential treatment is extended as a gesture of gratitude for China’s support, particularly during recent conflicts. The critical waterway, through which approximately one-fifth of the world’s oil supplies typically pass, is now considered a matter of “national security” for Iran following a four-month conflict involving the US and Israel that began in February.

Iran is currently in discussions with the United States to finalize a peace agreement to end the conflict. During this period, Tehran asserts that the Strait will remain under its control and is developing a comprehensive system of “tolls” for all cargo ships. Abdolreza Rahmani Fazli, speaking at the World Peace Forum in Beijing, confirmed that “new arrangements” for transit in Hormuz would soon be implemented, in cooperation with Oman, which shares the strait. He emphasized that China, as a “friendly country,” and other nations demonstrating friendship towards Tehran, would receive special treatment regarding these fees.

The imposition of these fees has been met with resistance from the United States and Gulf Arab countries, which argue that Iran and Oman lack the authority to levy charges on the international waterway. However, some European nations reportedly anticipate that vessels will ultimately pay some form of fee. The future management of the Strait of Hormuz is a key point of contention in ongoing negotiations for a permanent peace deal. Since an interim peace deal was signed in June, traffic through the Strait has increased, though at least eight ships attempting to exit the Persian Gulf between July 3 and

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