Blogs
QINGYUAN CHEMICAL
24
2026
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06
The Strait of Hormuz is fully open to commercial vessels, and no fees are charged.
Statement by Iran's Permanent Representative to the UN Office in Geneva
According to the latest information received by Yi Shipping, Ali Bahreini, Iran's Permanent Representative to the UN Office in Geneva, stated yesterday (June 23) that the Strait of Hormuz is now fully open to commercial vessels, with no fees charged.
Responding to questions from the United Nations Correspondents Association in Geneva regarding negotiations between Iran and the United States, Bahreini said that the Strait of Hormuz is currently open for a 60-day period, during which no fees will be levied.
Furthermore, Iran and the U.S. have decided to establish a communication mechanism to monitor and resolve any issues that may arise. After the 60-day period, the specific arrangements for the Strait's operation will be determined by the outcome of negotiations between the two sides.
Negotiators from Iran and the U.S. concluded the first round of talks on implementing the memorandum of understanding signed last week at Bürgenstock, Switzerland, on the 22nd.
Bahreini stated that under the memorandum, the U.S. is required to unfreeze Iranian assets, and Iran is entitled to full access to its assets frozen abroad. He said, "Iran is the only country with the right to decide how to dispose of these assets; no other country or entity has the right to interfere."
Iranian Parliament Speaker Ghalibaf stated that to prevent potential issues during the period of toll-free passage, Iran and the U.S. agreed to establish a coordination center and a hotline to facilitate the rapid resolution of any problems arising within the 30-day timeframe.
Ghalibaf clarified that the hotline is not intended for approving passage permits—as the relevant permits follow established procedures—but is solely for handling issues or emergencies involving vessels.
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